Jane Hutt close to agreement on next round of EU Structural Fund Programmes
Finance Minister Jane Hutt has recently told AMs that the Welsh Government is close to reaching agreement with the European Commission on Welsh Structural Fund Programmes for 2014-2020.
The Minister expects to announce agreement of the four Welsh Structural Fund programmes, worth £2 billion to Wales, in the coming weeks with the first project announcement in December.
Over the period 2014-2020 the fund will allocate £1.6bn to West Wales and the Valleys and over £325m to East Wales. This package, together with match funding, will drive a total investment of some £2.9bn and will help deliver on the Welsh Government’s shared goals across Government for sustainable economic growth and jobs.
Programmes in Wales will focus on investment in Research and Innovation, Small and Medium Enterprise Competitiveness, Renewable Energy and Efficiency, Connectivity and Urban Development, Tackling Poverty through Sustainable Employment, Skills and Youth Employment and Attainment.
Jane Hutt said:
“I’m pleased to say we are very close to securing everything we set out to achieve when we began negotiations with the European Commission. Our new programme investments will be much more focused than before, with the emphasis very much on impact and results.
“This will mean a significant increase in funding for research and innovation and SME competitiveness, including business finance; support for transformational public transport investments such as the Metro in the Cardiff Capital City Region; and improvements to strategic road networks in West and North Wales.
"There will also be a significant increase in funding for investments in renewable energy and energy efficiency, with a particular focus on marine energy, and investment to tackle poverty through supporting people into sustainable employment, and tackle youth unemployment.
“I cannot overstate the importance of EU funds to Wales. These new programmes will build on our achievements so far, where current EU projects led by the public, private and third sectors have supported some 187,500 people to gain qualifications, over 60,000 people into work, over 45,000 into further learning, and created over 10,400 enterprises and over 30,100 jobs.
“Yesterday I visited Pontypridd station to see first hand the excellent refurbishment work taking place. All part of the EU backed National Station Improvement Programme which is improving railway stations and their connection with other modes of transport across Wales, this is truly European funds making a real impact.”
Latest News from
Spending Review leaves “gaps in funding” for Wales27/10/2021 16:20:00
Finance Minister Rebecca Evans has said the UK government’s Spending Review and autumn Budget contains “clear gaps in funding” where Westminster has failed to invest in Wales.
200-plus new Welsh food and drink products as major event returns27/10/2021 12:25:00
From the UK’s first carbon-neutral potatoes to plant-based desserts and alcohol free botanic drinks, Rural Affairs Minister Lesley Griffiths has announced more than 200 new food and drink products will be showcased by Welsh businesses at BlasCymru/TasteWales, which returns today.
New data shows true scale of coal tip challenge as First Minister makes fresh funding call27/10/2021 09:05:00
New data showing the true extent of Wales’ coal tip challenge yesterday published as the First Minister of Wales makes a fresh call for the UK government to invest in coal tip safety and ‘help communities who have already given so much’.
Building a confident future for electric car users26/10/2021 14:05:00
Ambitious plans that set out how the Welsh Government will be investing in infrastructure and working with the private sector to give people in Wales the confidence to make the switch to electric vehicles have been unveiled today.
Major trauma theatre plan moves a step closer26/10/2021 09:05:00
Plans to create two new theatres, including a dedicated major trauma theatre, at the University Hospital of Wales in Cardiff have been approved by the Health Minister.
New plan to recruit more Black, Asian and Minority Ethnic teachers25/10/2021 11:05:00
The Welsh Government recently (22 October 2021) announced its intention to introduce financial incentives to help recruit more ethnic minority teachers.
Fund open to support disabled people seeking election25/10/2021 09:05:00
The costs for sign language interpreters, taxi fares or equipment could be met for disabled people seeking election, as part of a pilot Welsh Government fund.
First Minister holds inaugural Ireland-Wales Ministerial Forum22/10/2021 16:05:00
The First Minister of Wales, Mark Drakeford, will today host the first Ireland-Wales Forum to be held in Cardiff with Irish Minister for Foreign Affairs Simon Coveney T.D.
“Grow in Wales, sell to the world” – Vaughan Gething22/10/2021 14:05:00
“Grow your business in Wales and sell to the world” – that was the message from Economy Minister, Vaughan Gething yesterday as he visited Pontypool-based manufacturer and exporter Flamgard Calidair to encourage more Welsh companies to export their goods and services internationally.