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BUDGET 2011 Regional Breakdown: Wales

Confirmation of the £704 million plan to electrify the Great Western Main Line was the chief highlight for Wales in today’s budget, which has little direct impact on the country’s construction industry.

The £704 million plan to electrify the Great Western Main Line between Cardiff, Bristol and Didcot will go ahead, as will the £4.5 billion Intercity Express Programme, which will provide rolling stock for the line.

The Budget also announced funding for the redoubling of the line between Swindon and Kemble, which will support the introduction of new intercity express trains and provide improved rail access to Wales.

Provision has also been made available to enable the Welsh Assembly Government to introduce a similar policy to the Enterprise Zones introduced in England, which will benefit from, among other things, reduced business rates and eased planning restrictions.

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