Wales publishes £15bn construction work pipeline

Grant Prior 12 years ago

The Welsh Government has published a pipeline of capital projects worth £15bn over the next decade.

The Wales Infrastructure Investment Plan for Growth and Jobs contains more than £3.5bn over this Spending Review period.

First Minister Carwyn Jones said: “We are a government committed to the provision of infrastructure and the creation of jobs.  We want to take every opportunity to increase capital investment, despite the severe cuts in our budget.

“We want to create a Wales with a strong economy that has 21st century transport, IT and energy networks  We want a low-carbon Wales with sustainability at its core and a skilled and efficient Wales where businesses thrive and our expertise are globally renowned.  Through the Plan we can make this happen.”

Finance Minister Jane Hutt said: “For the first time we are giving the private sector, public sector and third sector a clear vision of our priorities over the next 10 years.

“This will help them to ensure they are well placed – adequately skilled and resourced – to support the key projects we will be funding.”

Projects in the plan include:

  • a commitment to develop a Welsh mortgage guarantee scheme to support housebuilders and help first time buyers.
  • an additional £5m for home energy efficiency – £3m for NEST and £2m for arbed, benefiting an extra 1000 homes
  • £6m to expand the successful Welsh Housing Partnership, levering in an investment of £30m in total to deliver 280 family homes for intermediate rent
  • £5m to double the size of the recylcable empty homes fund, contributing to our target of bringing 5,000 empty homes back into use during this Assembly term
  • £2.7m for M4 junction improvements
  • an additional £4m to accelerate essential flood protection schemes, reducing the impact of flood and coastal erosion on communities
  • £6.8m to accelerate major hospital projects at Ysbyty Glan Clwyd and Llandough.
    £500k to deliver premises for domestic abuse ‘One Stop Shops’ in Pembrokeshire, Swansea and Gwynedd
  • an additional £5m to support schools projects in Lampeter, Denbighshire, Abercynon and Penarth and £3m for the new Cardiff City Centre post-16 campus
  • £3.5m to support essential infrastructure work for the Northern Gateway site in the Deeside Enterprise Zone  and
  • £2.5m to boost the Welsh Economic Growth Fund to support Welsh SMEs.

For details of the full investment plan click here

Latest news

Stonehenge tunnel hit by another legal delay

Court upholds latest appeal against £1.7bn scheme by campaigners
9 hours ago

Plans go in for huge Olympic Park construction hub

Bow Goods Yard could deliver 3.5m tonnes of materials a year to sites across London
14 hours ago

40% affordable homes target for Labour’s new towns

Labour pledges to select new town sites by end of first year
12 hours ago

Plan for £100m Liverpool Baltic station

Construction work could begin next year
17 hours ago

Surgo Construction went down owing £4.5m

Biggest creditor is Bellway Homes after dispute on housing job
16 hours ago

Vistry seals £157m West London housing deal

Around 575 homes to be built at Merrick Place scheme in Ealing
16 hours ago

Streamlined Watkin Jones returns to profit in first half

Multi-room specialist sees secured work pipeline hit £1.4bn
16 hours ago

Bellway hires ex-brickie as group construction chief

James Griffin to oversee move to the Future Homes Standard and timber frame.
17 hours ago

Persimmon under fire for delays to £10m relief road

West Suffolk Council serves Breach of Condition Notices after timetable slips again
17 hours ago

BAM wins £33m Kent secondary school job

Replacement Swanley academy to be built at live school site
17 hours ago

Aluminium cladding specialist collapses

Melton Mowbray-based firm worked for several main contractors
2 days ago

Brickwork contractor Lee Marley returns to profit

Affordable and rental homes demand lifts brickwork contractor
2 days ago

Housing contractor Durkan suffers second year of losses

More fire safety provisions tip firm into £3.9m loss
2 days ago

Farrans makes breakthrough on tricky tunnel job

Tunnel under Tees latest part of new £155m water pipeline job
2 days ago

Heidelberg buys aggregates and earthworks specialist B&A

Latest deal follows acquisition of Mick George
2 days ago

Flagship biodiversity net gain scheme flawed

NAO warns Government's flagship green development scheme at risk of failure
5 days ago

Plan in for £3bn Lincolnshire mega data centre

3.3m sq ft Humber Tech Park will be one of Europe's largest data centres
5 days ago

Green light for Digbeth 1,300 homes scheme

Warner’s Fields scheme to start with excavation and landscaping of the River Rea
5 days ago

£210m M3 Junction 9 upgrade gains consent

VolkerFitzpatrick to start work in early 2025 on Winnall roundabout, near Winchester
5 days ago

United Living wins 14-year L&Q homes repairs deal

Trafford housing upkeep deal worth £205m
5 days ago

£400m Lewisham resi-led scheme advances

Land deal paves way for Amro Partners' 1,000-home London scheme
5 days ago

McLaren gets go-ahead for Grade II listed Leeds student scheme

Springfield House to be revamped and two new wings added
5 days ago

Piling giant to fit people alarms on all rigs

Cementation Skanska upgrades site safety systems
5 days ago

Vistry to make £800m profit after subcontractor cost cuts

House builder bullish about shareholder returns after asking suppliers for discounts
6 days ago

Shareholders approve £2.5bn Barratt and Redrow merger

Final hurdle is for the competition regulator to approve the deal.
6 days ago

Green light for £80m Leith waterfront revamp

Build-to-rent homes and student accommodation scheme to be built
6 days ago

Tilbury Douglas clears Interserve legacy jobs to return to profit

Revenue tops £500m in first year as standalone contractor
6 days ago

Land deal paves way for Manchester civil service office hub

Government buys five acres at former Central Retail Park
6 days ago

Speller Metcalfe wins Wolverhampton library upgrade

Full works are due to start in the autumn
6 days ago

Skills shortage puts big infrastructure projects at risk

Government failing as an intelligent client and now over-reliant on consultancies
7 days ago

Contractor services