Part of 1. 1. Questions to the First Minister – in the Senedd at 2:02 pm on 16 May 2017.
Well, we are continuing to face unprecedented challenges to public finances, so it is vitally important that we unlock all opportunities to boost infrastructure investment. As well as the £1 billion of capital infrastructure investment we are committed to delivering through the innovative finance model, using the mutual investment model, we are also using innovative ways of funding capital investment through the £250 million extension of the housing finance grant and the £150 million coastal risk management programme, and those schemes are in addition to the £1 billion-worth of direct capital borrowing as a result of the Wales Act 2014.