Ministers have announced an extra £105 million for capital investment in Wales in 2011-12 as part of a £1.3bn capital spending plan.
This vital additional investment – together with an extra £8.32 million in 2012-13 and £8.07 million in 2013-14 – was announced today by the First Minister, Deputy First Minister and Minister for Business and Budget. It represents a major boost to vital infrastructure investment and the construction industry in Wales.
As a result of the UK Government’s Spending Review, the Welsh capital budget has been cut by over 40% in real terms over the next four years. The extra funding announced today will help cushion the impact of that cut, giving the go-ahead for transport, schools, health and other projects that would otherwise not have happened.
Do we need say more except that the One Wales Government continues to deliver for the people of Wales.