Extra £600m for Wales Infrastructure Projects

posted 10.10.2013

The Welsh Government has set out plans to spend an additional £600m on Infrastructure schemes according to a new draft budget. The plans include additional spending on transport (£175m), healthcare (£38m) and coastal and flood defences (£20m).

A further £170m will be invested in housing, including a new shared equity scheme, Help to Buy Cymru which will seek to help people to buy new build homes, especially first-time buyers.

Further funding has been found for a £3.5m scheme to carry out repairs to the National Library of Wales.

Despite recent budget cuts the welsh Government believe that the latest Budget demonstrates commitments to a number of recognised priority areas which are in need of investment.

Recipro sourced this article from the Construction Enquirer.

Category: in the news, industry, Mike Close