Economy Minister Edwina Hart has told AMs that there was no realistic alternative to building a complete new motorway south of Newport. In particular she rejected the idea that upgrading the existing Southern Distributor Road would do the job.
The Minister set out a timetable for the construction of the new road.
Public Inquiry in winter 2016
Start work in spring 2018
Open new motorway autumn 2021
The Souther Distributor Road would not provide a long term solution, even in combination with public transport measures. I'd have to look at closing existing junctions on the SDR and the work would be more disruptive than a new motorway.
A new innovation strategy aimed at promoting more flexibility in business and the public sector has been unveiled by the Welsh Government.
Innovation Wales says the public sector needs to be "less prescriptive and more open to fresh solutions."
It adopts a focused approach with a single overriding principle - that while we can promote, encourage and enable innovation across the economy, our key investments should be made on the basis of clear strategic priorities, building on Wales' strengths
We need to recognise these strengths and exploit them more. This means developing distinct and genuine areas of excellence identified in Science for Wales as: Life Sciences and Health, Low Carbon Energy and Environment, Advanced Engineering and Materials, ICT and the Digital Economy.
The public sector can help create the right conditions for innovation to flourish but it is our people, our academics and our businesses that will be the agents for real change.
– Edwina Hart, Economy Minister
The strategy recommends that businesses in Wales concentrate efforts on five main themes:
promoting a culture of innovation
providing flexible support and finance for innovation
Work on the completing the ring road round Cardiff -the A4232- will start before the next Assembly election in 2016, the Economy and Transport Minister has pledged. The western half of the road was built in the 1980s and 1990s but there's been no further progress since devolution in 1999.
That's despite the road currently stopping in Cardiff Bay, less than a mile from the Senedd. Edwina Hart says she will now 'progress' the missing Eastern Bay Link. She says the project is connected to the promised deal with the UK Government on a new M4 south of Newport.
Progress in discussions with the UK Government on financing options is also opening up opportunities that we have not been able to consider up to now. I intend to progress the Eastern Bay Link in Cardiff and an upgrade to Junction 28 on the M4. These projects are an important element in improving access to the Central Cardiff Enterprise Zone. To improve access to the St Athan - Cardiff Airport Enterprise Zone, I will fund improvements to Five Mile Lane.
– Economy and Transport Minister Edwina Hart AM
The Five Mile Lane improvements -between Barry and the A48- raise the prospect of another half built route for M4 traffic. The Minister also stressed that work on dualling the Heads of the Valleys Road will continue. Work will also start on several smaller road schemes during the next two years.
We have offered assistance to the maximum level allowable within state aid rules to the company. However, this offer was not taken up by the company, because of their worsening financial and competitive position.
The company’s senior management have thanked the Welsh Government for our offer of support and for the speed and flexibility with which we responded, however, they have reluctantly decided that it is in the best interests of its employees and partners to file for administration, when a buyer for the business may be identified.
We will now work with the Administrators, Grant Thornton, to explore all options for securing the future of the company and we will of course discuss packages of support with any potential buyers.
The Economy Minister says that the Welsh Government offered 'maximum allowable' financial help to the steel firm Rowecord. But Edwina Hart told the Assembly that the company decided to turn the offer down because of its 'worsening financial position.'
The minister said that Rowecord's management thanked the Welsh Government but felt that the maximum financial support was still not enough. She said officials are in contact with administrators to look at a rescue package and said that she would offer support to any potential buyers.