It was a small town until the early nineteenth century and came to prominence as a major port for the transport of coal following the arrival of industry in the region. It eventually grew to become the largest city in Wales and serves as a major centre of culture, sport and history in the United Kingdom. Cardiff was made a city in 1905 and proclaimed capital of Wales in 1955.
As the Capital City of Wales, Cardiff is the main engine of growth in the Welsh economy and conveys economic, social and cultural benefits across the wider region. The economy of Cardiff and adjacent areas makes up nearly 20% of Welsh GDP and 40% of the City’s workforce are daily in-commuters from the surrounding South Wales area.
Cardiff is increasingly benefiting from a raised international profile and has enjoyed significant growth over the last decade or more, spearheaded by the redevelopment of Cardiff Bay. Widely regarded as one of the United Kingdom’s most successful regeneration projects, the redevelopment of Cardiff Bay has involved the revitalisation of 1,100 hectares of decaying and derelict land in the City’s former dockland area with residential, retail, commercial and leisure developments. A major feature of the regeneration project has been the £220 million Cardiff Bay Barrage, which has created Europe’s largest City Centre waterfront.
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