The £5m, which was announced in Plenary earlier this week, follows one of the wettest years on record which saw homes and businesses in mid and north Wales being affected by a number of serious flood incidents. It takes investment in flood defence and coastal risk management over the life of this Assembly to over £155 million.
The Environment Minister said that the additional money would help to fund Flood and Coastal Risk management schemes in Conwy and Denbighshire, as well as a number of smaller Environment Agency schemes across Wales.
The Minister said:
“We know that more homes than ever in Wales are at risk of flooding. Whist we cannot stop or fully prevent flooding we know we can manage the risks and reduce the consequences.
“We were already investing over £150 million in flood and coastal erosion risk management over the life of this Assembly to reduce risk for over 7000 properties.
“This additional £5m will allow us to allocate extra funding to the Colwyn Bay sea defence which will protect over 180 properties, parts of the A55 and the North Wales railway from coastal erosion, and will allow further work to protect the sea wall and replenish sand levels.
“The extra money will also enable construction work on the Corwen flood defence scheme to begin earlier than planned, which is great news for the affected residents and the local construction industry.”
Additional money will also be allocated to Environment Agency Wales so they can complete works on ten ongoing flood defence projects.
Finance Minister, Jane Hutt said:
“Over recent months I have seen where additional capital funding has made a difference to people’s lives. I have also seen how it has helped the construction industry to create jobs and support local businesses.
“This additional money shows how we are using every Welsh pound to deliver better public services and boost jobs and growth in Wales.”