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£46m for projects supporting economy in Wales

23 September 2015/Categories: CILT, Industry News, Aviation


Cardiff Airport is to get a £3m loan to develop flight routes as part of £46m.

Welsh government spending on projects to support the economy.

The money, from its £74m capital reserves, is the latest part of a £13m loan package to attract new airlines.

Airbus will get £2.7m for training facilities at Swansea University and Coleg Cambria in Deeside, Flintshire.

While transport projects in north Wales, including Llangefni link road on Anglesey, will also get £2.7m.
The Welsh government will also set up loan funds for small businesses.

Finance Minister Jane Hutt said the money would boost infrastructure priorities and deliver "real and long-term benefits for people".

Source: BBC

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