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17Feb94 UK: WALES SET FOR £200M WATER IMPROVEMENTS.

Welsh Water has raised £200 million to help finance a capital investment programme in the Dwr Cymru division.The cash will go towards water improvement projects, including the £70 million Swansea Bay scheme, the £150 million Cardiff East job and a £50 million plan to improve bathing waters at Barry.Chief executive Graham Hawker said: 'This £200 million is further inward investment into Wales and will create substantial employment in the construction sector, in addition to providing the infrastructure that will continue to attract industry to the region.'Welsh Water is planning a £1,000 million investment programme during the second half of the decade and is also raising funds through loans from the European Investment Bank. CONSTRUCTION NEWS