The local government borrowing initiative provides an extra £10m of revenue funding to local councils to enable them to unlock an additional £120m over two years of capital funding to accelerate the process of fixing our local roads and pavements.
The funding boost will see an extra 600km of the local road network resurfaced this financial year. Roads that are most in need of repairs will be renewed, with over 200,000 thousand potholes fixed and prevented, and pavements repaired in local authorities across Wales.
The scheme has been designed in close partnership with the Welsh Local Government Association (WLGA).
All 22 local authories have been awarded funding to help them unlock the funding to fix roads on their networks across Wales. Work has already started in some local authorities and this will fix thousands of potholes and prevent hundreds of thousands in future years.
The Cabinet Secretary for Transport and North Wales Ken Skates said: “Fixing our roads is a priority for this government. Not only are we providing an extra £25m to fix and prevent potholes on our strategic road network, but we are also supporting local authorities to fix local roads.
“This will deliver a real difference to communities across Wales, fixing problems now and making our roads more resilient for the future. I look forward to seeing more and more local roads fixed over the next months.”
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