Plans for new National Infrastructure Commission for Wales to be unveiled today
Economy Secretary Ken Skates is due to set out his plans for a commission that will provide advice and recommendations on Wales’ long-term infrastructure needs.
17th October 2016
New plans that are intended to improve infrastructure in Wales over the next 30 years and beyond are expected to be outlined by Economy Secretary Ken Skates today.
He is due to set out his plans to establish a National Infrastructure Commission for Wales, whose role will be to provide advice, analysis and recommendations on Wales' longer term strategic infrastructure needs.
The new commission is intended to inform and strengthen decision making around major projects in Wales and create the right conditions for stable and long-term investment.
Who should sit on the National Infrastructure Commission for Wales.
Once up and running it will provide technical expert advice on decisions around all economic and environmental infrastructure in Wales including energy, transport, water and sewerage, drainage, digital communications and flood management.
The Welsh Government will publish its consultation document, A National Infrastructure Commission for Wales, today and says it wants the commission to be up and running in the next 12 months.
Interested parties will be invited to provide their views on how the Commission should operate by the deadline of January 9.
It is expected that the commission will publish an annual report on its work and undertake individual commissioned projects. It will also work alongside the UK Infrastructure Commission where responsibilities interact.
Plaid Cymru to outline plans for new National Infrastructure Commission
The Wales Infrastructure Investment Plan would continue to be set by the Welsh Government, but informed by the work of the new Commission.
The Welsh Government is committed to establishing a National Infrastructure Commission for Wales under its Programme for Government, and it also formed part of the Compact agreed between Labour and Plaid Cymru following the Assembly election in May.
Earlier this month Plaid Cymru set out its plans for NICW, with Shadow Cabinet Minister for Finance4 and Economy Adam Price saying it could borrow as much as £7.5bn over 10 years to help finance projects.
Mr Price said the commission could use long-term leasing arrangements to raise funds independently of the Government's balance sheet, enabling it to borrow additional funding at historically low interest rates.