Date published 15/05/2018. Written by Rachel @ DataKom
The Welsh Government infrastructure investments - midpoint review
In 2012, The Wales Infrastructure and Investment Plan was published with a 10-year strategy to maximise Wales’ capital spending power and increase economic growth.
Following the publication, the Welsh Government has invested £9bn of capital funding to improve and develop infrastructure across Wales. They have also developed a series of innovative financing initiatives to complement our established capital investment programme, which will generate an additional £2bn of investment in Wales.
Over the course of the last Assembly term (2011 to 2016), an additional £1.6bn of Welsh Government capital funds was allocated to support key projects and the enabled investment of:
- More than £410m to improve transport networks
- £20m to improve telecommunications networks
- More than £110m to support the development of the energy industry in Wales
- More than £520m invested in housing and regeneration
- £220m to help deliver more efficient and economical public services, the majority of which has been directed towards NHS Wales
- More than £160m to improve the quality of the educational estate
- More than £230m to develop our enterprise zones and support economic development
Read the full mid-point review of The Wales Infrastructure and Investment Plan here.