Thousands of jobs could be created in Swansea as part of a �200m "innovation village" at the city's docks.

The development of 100 acre site surrounding the Prince of Wales Dock aims to establish Swansea as one of Europe's premier waterfront cities.

Mike King: Flagship scheme

The Port Tawe project includes buildings for business, residential, retail and leisure use.

Up to 200 jobs will be created in the first phase of the scheme with the construction of the landmark bridges and infrastructure works which are due to begin in August.

Speaking during the launch of the project on Thursday, Welsh Development Agency executive director Mike King described it as a "flagship regeneration scheme involving a site of enormous potential".

The project includes

More than two million sq ft of business floor space 1500 quality homes Two landmark pedestrian bridges The relocation and refurbishment of the Norwegian Church

The development is expected to attract more than �200m of private and public sector investment, and create up to 2000 jobs.

The concept has been driven by the WDA together with the University of Wales (Swansea), Swansea council, and Associated British Ports.

At the heart of the project is the �2m Technium centre which is already fully occupied.

Planning consent has already been granted for its expansion.

The centre - which is managed by the university and has links with its research departments - focuses on maximising business research and development potential and creating new skilled jobs.

Leader of Swansea Council, Lawrence Bailey said: "Swansea Council is delighted at the scale of investment that the WDA is able to assign to Port Tawe.

"The exciting developments planned for this site fully complement our plans for the new National Maritime and Industrial Museum and re-affirm our successful partnership approach towards regeneration."

Last year the WDA announced a �22m investment in the area which went towards the purchase of land and listed buildings involved in the project.