First Minister Mark Drakeford鈥檚 decision is the latest hit to the Welsh infrastructure pipeline
The Welsh government has shelved plans to build the 拢1.4bn M4 relief road despite a public inquiry backing the project.
First Minister Mark Drakeford has confirmed he will not allocate funds to the scheme, which would have seen a new stretch of six-lane motorway built to the south of Newport.
The road was the largest pending infrastructure project in Wales following Hitachi鈥檚 decision to postpone development of new nuclear power stations at Wylfa Newydd.
And it received the backing of Bill Waldrup, a planning inspector who led a public inquiry into the proposal and found the scheme would provide 鈥渁t least sound鈥� and probably 鈥済ood鈥� value for money.
The CBI has said the decision marks a 鈥渄ark day for the Welsh economy鈥� while Mark Bodger, the CITB鈥檚 Wales鈥� Partnerships director, admitted: 鈥淭he M4 relief road would have led to a considerable increase in construction jobs in Wales, with valuable opportunities for skills and training.鈥�
But in an open letter explaining his decision, Drakeford said he had decided the cost was unacceptable given the 鈥渦ncertainty as to the financial position of the Welsh government鈥� and the other demands and potential demands on its capital budget.
He also said he attached 鈥渧ery significant weight鈥� to the 鈥渟ubstantial adverse impact鈥� the road would have on the Gwent Levels waterways, a swathe of coastal wetland home to a number of rare and endangered animals which the relief road, designed to ease congestion around the bottleneck of the Brynglas Tunnels, would have crossed.
No comments yet