The Welsh Government has revealed some of the big-spending capital projects they will focus on in the next 3 years.
One of the key areas was improving transport, with plans to improve the Brynglas tunnels and A55, and £62 million to create a South East Wales metro system.
They have also allocated £170 million to housing - the majority of which will help first time buyers in a Help to Buy scheme.
£38 million will be spent on Health facilities - including building the final phase of Noah's Ark Children's Hospital.
Owain Phillips has a closer look at where the Government's going to be spending its cash.
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Organisers say there will be increased security at the Urdd National Eisteddfod, which began in Bridgend today.
Any remaining heavy or thundery showers will clear eastwards this evening.
Over 70 firefighters are currently tackling the fire, which is now confirmed to be at a scrap yard.