In light of the M4 relief road cancellation, the CBI turns its attention to alternative solutions to help the Welsh economy prosper.
The £1.4bn relief road project was a long-standing business priority and the devolved government’s decision to pull the plus is a major blow to business confidence throughout the nation. The CBI campaigned for the road to go ahead but will now turn its attention to the newly created M4 Commission, created by the government to identify alternative solutions to the ‘Brynglas bottleneck’.
The M4 motorway underpins two thirds of Welsh GDP and is a corridor of growth and opportunity across South Wales. It is no surprise that Welsh firms rank tackling congestion on the road as their number one infrastructure priority.
The cancellation comes in spite of a Public Inquiry that strongly supported the relief road. The road was on course until a change of First Minister in December 2018. New First Minister, Mark Drakeford, who brands his politics as “21st century socialism,” turned down the project on environmental an