Welsh spending to stimulate construction

Grant Prior 15 years ago
Share

The Welsh Government is planning a series of measures to boost the construction sector following today’s confirmation of a £1.3bn capital spending programme during this financial year.

First Minister of Wales, Carwyn Jones said his government will invest over £1.3 billion in new hospitals, schools and other major infrastructure projects.

Jones said: “I am absolutely determined to ensure that the government I lead invests in our national infrastructure.

“We are committed to invest over £780m in new schools, new hospitals and other major infrastructure across the country, this financial year, which is now being translated into visible construction work on sites across Wales.

“Our commitment to the construction sector is absolutely clear.

“That’s why we’ve expended our Economic Renewal Programme’s priority sectors to include the construction industry, which has an estimated 10,000 businesses employing 100,000 people in Wales.

“The deterioration in the UK and global economic position is stark. That is why over the next few weeks, my Government will be bringing forward a series of announcements to protect and support the Welsh economy.

“These announcements – together with strategic investment in capital projects – will reduce red tape on businesses and support the flailing construction sector.”

Latest news

Willmott Dixon brings development under one roof

Willmott Dixon Developments brings together existing operations
3 hours ago

Dalkia to deliver green hydrogen plant in Cumbria

Construction to start this summer at Barrow-in-Furness site
3 hours ago

Capital&Centric to lead £50m Plymouth civic centre revival

Plan advances to convert landmark 14-storey tower to 144 build-to-rent flats
2 hours ago

Barry Dodd takes charge at PJ Hegarty UK business

UK turnover set to hit £110m this year
24 minutes ago

10 contractors paired with new hospital jobs worth £14bn

Skanska lands two jobs as RAAC rebuilds move to front of programme
6 hours ago

Retentions axe will take three years to fall

Payments Bill sets out transition period before cash retentions finally outlawed
6 hours ago

Morgan Sindall wins lead role in £25m Andover theatre build

Council lines up June contract signing for new 400-seat venue
6 hours ago

Twenty firms could face charges over Grenfell fire

Police files set to be submitted to prosecutors by September
23 hours ago

Cost to complete HS2 hits £102.7bn

Government vows to get tough on contract claims as budget busted again
23 hours ago

Funding boost for construction V Levels

More money, subjects and work placements in shake-up for vocational education
6 hours ago

Mace Construct chief executive to step down

Jason Millett to leave in December but retain board seat at Mace Consult
1 day ago

Over 90 jobs axed as Falkirk steelwork firms collapse

Administrators called in at AIM Engineering & Fabrication Group and Hescott Engineering
1 day ago

Keady Construction lands £150m Stockport resi scheme

Construction to start in first quarter of 2027 for developer Amstone
1 day ago

Forterra plans brick and block price hikes

Materials giant to implement "pricing surcharges" from June
1 day ago

Renew snaps up electricity design specialist EDES

Engineering contractor targets grid boom with latest takeover
1 day ago

Sixteen win £1bn Southern Gas Networks deal

Clancy Docwra and Network Delivery Associates win places on all four lots
1 day ago

Kier submits plan for £60m Ellesmere Port school rebuild

RAAC-hit 1,000 place Catholic high school set for full demolition and replacement
1 day ago

Statom Holdings posts increased turnover and profits

Results for whole group highlight landmark year of growth
2 days ago

Morrisroe order book jumps 40% after Villa Park and Battersea wins

Diversified concrete frame specialist banks £340m order book after margin recovery last year
2 days ago

Trial date set after passer-by killed by falling window pane

Four firms to appear in court after glass fell 15 storeys from luxury tower
2 days ago

Norwich’s first build-to-rent scheme approved

£80m Victoria Gardens plan will deliver 432 rented homes
2 days ago

Dalkia lands M&E deal at £300m Children’s Cancer Centre

Major package award at Sisk site as piling work due to complete this month
2 days ago

London office fit-out second most pricey in the world

High-spec fit-outs now cost nearly £4,400 per sq m as occupiers chase top quality workspace
5 days ago

Developers called up for £10bn Old Oak mega-scheme

Race starts to find developer partner by spring 2027 to deliver 8,000 homes
5 days ago

Speller Metcalfe replaces Curo on £18m leisure job

Fenland council acts swiftly to keep Manor Leisure Centre on track
5 days ago

Bachy and Kilnbridge team up for ground-to-frame offer

New UrbanCore venture to target complex basement and structural packages
5 days ago

Statom builds £617m order book after board strengthened

Essex contractor reshapes around integrated engineering and self-delivery model
5 days ago

Lovell signs off £1bn Birmingham estate regen deal

Developer to lead 3,500-home rebuild of Druid’s Heath over 20 years
6 days ago

Legendre to start £70m Mayfair office revamp

Main construction begins in June at 50 Stratton Street site
6 days ago

Road worker loses leg in milling machine

Court hears how worker became entangled in machine while road planing
6 days ago