{"id":66661,"date":"2019-11-04T10:06:52","date_gmt":"2019-11-04T10:06:52","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=66661"},"modified":"2019-11-04T10:06:52","modified_gmt":"2019-11-04T10:06:52","slug":"wales-infrastructure-investment","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/wales-infrastructure-investment\/66661\/","title":{"rendered":"\u00a353m funding boost for Wales\u2019 infrastructure needs"},"content":{"rendered":"<h2>Wales has announced a further \u00a353m to support businesses in the face of Brexit and to plan for Wales\u2019 future infrastructure needs<\/h2>\n<p>This is the second round of capital funding as part of the Wales Infrastructure Investment Plan (WIIP) this year. In June, an extra \u00a385m was unveiled to help support Wales through the cloud of <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/construction-industry-brexit-survey-results\/62547\/\" target=\"_blank\" rel=\"noopener noreferrer\">Brexit uncertainty<\/a>.<\/p>\n<p>This latest Wales Infrastructure Investment Plan round includes a further \u00a353m to support businesses in the face of Brexit and extra investment for future developments, including:<\/p>\n<ul>\n<li>\u00a330m to invest in housing schemes, including \u00a310 million for <a href=\"https:\/\/www.pbctoday.co.uk\/news\/modular-construction-news\/modular-construction-housing\/66469\/\" target=\"_blank\" rel=\"noopener noreferrer\">modular factories<\/a>;<\/li>\n<li>\u00a319m in active travel and addressing pinch points in our roads;<\/li>\n<li>\u00a320m for maintenance on schools and colleges;<\/li>\n<li>\u00a37m to support our environment, including \u00a34m for National Parks;<\/li>\n<li>\u00a31m for a community asset loan fund to help make community facilities sustainable for the future.<\/li>\n<\/ul>\n<p>Together with the planned capital investment next year, Wales will have invested around \u00a315bn in <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/infrastructure-investment-million-boost\/29273\/\" target=\"_blank\" rel=\"noopener noreferrer\">infrastructure in Wales<\/a> since the WIIP was published in 2012, helping businesses and public services plan ahead.<\/p>\n<p>First minister <a href=\"https:\/\/gov.wales\/rt-hon-mark-drakeford-am\" target=\"_blank\" rel=\"noopener noreferrer\">Mark Drakeford<\/a>, said: \u201cToday\u2019s funding sends out a clear message that as the chaos in Westminster continues the Welsh Government continues to deliver our flagship commitments to protect the interests of Wales and grow our economy.\u201d<\/p>\n<p>Finance minister <a href=\"https:\/\/gov.wales\/rebecca-evans-am\" target=\"_blank\" rel=\"noopener noreferrer\">Rebecca Evans<\/a>, added: \u201cWith the shadow of Brexit still looming large, we need to respond to the challenges we are facing while continuing to plan for Wales\u2019 future infrastructure needs. The funding I am announcing today will help us to do just that.<\/p>\n<p>\u201cMeasures announced now to support our environment are an important step on that journey. However, as we look to set budgets for future years and over the longer term, I am committed to using our available capital to support a greener Wales. I plan to set out further details in the draft Budget on 19 November.\u201d<\/p>\n<p>This new immediate funding boost is being announced alongside the publication of the Wales Infrastructure Investment Plan (WIIP) pipeline, which sets out plans for more than \u00a333bn of planned infrastructure investment across a broad range of public and private sector projects.<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Wales has announced a further \u00a353m to support businesses in the face of Brexit and to plan for Wales\u2019 future infrastructure needs.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[591,676,908,276,572,579],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-66661","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-brexit","8":"tag-construction","9":"tag-economy","10":"tag-government","11":"tag-housebuilding","12":"tag-infrastructure"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>\u00a353m funding boost for Wales\u2019 infrastructure needs<\/title>\n<meta name=\"description\" content=\"Wales has announced a further \u00a353m to support businesses in the face of Brexit and to plan for Wales\u2019 future infrastructure needs\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/wales-infrastructure-investment\/66661\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u00a353m funding boost for Wales\u2019 infrastructure needs\" \/>\n<meta property=\"og:description\" content=\"Wales has announced a further \u00a353m to support businesses in the face of Brexit and to plan for Wales\u2019 future infrastructure needs\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/wales-infrastructure-investment\/66661\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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