Major road projects in doubt while future of 拢2bn rail project is also unclear
High-profile infrastructure projects in Wales worth hundreds of millions of pounds are now under threat after Brexit, the Welsh government has confirmed.
Improvement works to the A55 in the north and A40 in the south of Wales 鈥� worth a combined 拢300m and supplemented with 拢85m in EU funds 鈥� are now in doubt, while the future of the South Wales Metro also in jeopardy.
The 拢2bn metro project, which would integrate rail lines across the south of Wales and allow easier access from the regions to Cardiff, was set to receive a 拢150m boost from the EU.
When asked about the future of the projects, the Welsh government referred 好色先生TV to a statement made by first minister Carwyn Jones.
Wales currently receives 拢500m a year in funding from the EU, mainly for the farming industry but with a significant amount spent on infrastructure.
Jones said: 鈥淒uring the referendum campaign, the Leave side made cast iron promises that this money would continue to come to Wales in the event of a vote to leave the EU.
鈥淲e require this funding assurance immediately, as there are hundreds of vital EU-funded projects right across Wales whose future is now in the balance unless that funding guarantee is given.鈥�
He added: 鈥淚f that pledge is not honoured by the UK Government, it will have a devastating effect on our budgets, already stretched through years of austerity, and facing billions more in cuts as a result.鈥�
Wales voted 52.5% to 47.5% in favour of leaving the EU in last week鈥檚 referendum.
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