Construction News

20/11/2014

£500m To Be Invested In Welsh Schools Programme

A £500m investment has been announced for the next phase of the 21st Century Schools Programme in Wales, which begins in 2019.

The 21st Century School Programme is designed to deliver the Welsh Government's vision of providing a first-class education in world class settings to all learners in Wales.

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The £500m investment would be made using the Non-profit Distributing (NPD) investment model, adding to an NPD pipeline in Wales that already includes redevelopment of the Velindre cancer centre, and dualling of sections 5 and 6 of the A465.

The next phase of the 21st Century Schools Programme – Band B – will begin following the completion of Band A in 2018-19.

The new investment in the 21st Century Schools Programme is in addition to the £170m of funding through the Local Government Borrowing Initiative, which is already accelerating the delivery of Band A of the Programme by two years.

(CD/JP)

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