The WIIP sets out plans for more than GBP33bn of planned infrastructure investment across a broad range of public and private sector projects.
There are no new Mutual Investment Model projects announced in the plan, which is available here.
First Minister Mark Drakeford and Finance Minister Rebecca Evans announced the update plan alongside an immediate GBP130m capital funding boost ahead of the 19 November 2019 Budget. It includes GBP30m for housing with GBP10m for modular factories.
Drakeford said: “Today’s funding sends out a clear message that as the chaos in Westminster continues the Welsh government continues to deliver our flagship commitments to protect the interests of Wales and grow our economy.”
Evans added: “With the shadow of Brexit still looming large, we need to respond to the challenges we are facing while continuing to plan for Wales’s future infrastructure needs. The funding I am announcing today will help us to do just that. Measures announced now to support our environment are an important step on that journey.
“However, as we look to set budgets for future years and over the longer term, I am committed to using our available capital to support a greener Wales. I plan to set out further details in the draft Budget on 19 November.”
Meanwhile, UK housing minister Esther McVey has announced a GBP30m funding boost for the modular housing industry in Yorkshire.
“This GBP30m investment in ilke Homes is a significant step forwards in the development of the ‘Construction Corridor’ - a new hub in the North that is front and centre of building the homes we need”, McVey said.