A consortium led by the UWTSD will establish the Construction Wales Innovation Centre (CWIC) at the University's Swansea Waterfront Innovation Quarter.
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Over 1,000 people a year will be trained at the facility, which will also have sites at colleges across Wales, including Coleg Sir Gâr, Coleg Ceredigion, Coleg Cambria and Coleg y Cymoedd.
Mark Bodger, Strategic Partnership Director for CITB Cymru Wales, said: "This landmark partnership will ensure we have the right skills in place meet our industry's current and future needs.
"This exciting new centre will be a major step forward for the construction industry in Wales and help it become a leader in digital and modern construction and the repair of traditional buildings and heritage sites."
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