JANE Hutt, finance and government business minister has announced £500 million of innovative new investment for the next phase of the 21st Century Schools Programme starting 2019.
The Programme is designed to deliver the Welsh Government’s vision of providing a first class education in world class settings to all learners in Wales.
The investment would be made using the Non-profit Distributing (NPD) investment model.
This new investment in the 21st Century Schools Programme is in addition to the £170m of innovative funding through the Local Government Borrowing Initiative, which is already accelerating the delivery of Band A of the Programme by two years.
The next phase of the 21st Century Schools Programme, Band B, will begin following the completion of Band A in 2018-19.
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