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News archive - November/December 2017

Welsh schools get £2.3bn boost from 2019

Welsh schools get £2.3bn boost from 2019

The Welsh government has announced a further £2.3 billion to modernise education infrastructure.

The money will allow the flagship 21st Century Schools and Education Programme - a major, long-term and strategic capital investment programme - to continue for a second wave of investment.

Band A of the Programme will conclude in 2019 after a £1.4 billion spend over five-years.

This second wave of investment, Band B, will start in April 2019 and comprises two funding streams; one using traditional capital, and one using revenue funding, via a new form of public private partnership called the Mutual Investment Model (MIM).

Local authorities and further education Institutions have proposed £2.3 billion of projects, which meet the investment objectives of Band B of the including: addressing growth in demand for Welsh medium education; reductions of surplus capacity and inefficiency in the system; expansion of schools and colleges in areas of increased demand for educational services; and making assets available for community use where demand exists.

Welsh Education Secretary Kirsty Williams said: “The 21st Century Schools and Education Programme represents the largest investment in our schools and colleges since the 1960s.

“The first wave of funding provided though the Programme will see investment of more than £1.4 billion over the five year period ending 2019, supporting the rebuild and refurbishment of more than 150 schools and colleges across the Wales.”

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