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M4 relief road dropped over cost M4 relief road dropped over cost
(10 minutes later)
Plans for a £1bn M4 relief road around Newport have been scrapped because of its soaring cost. Two multi-million pound road projects for south Wales have been scrapped because of their costs.
Deputy First Minister Ieuan Wyn Jones said the scheme, proposed to run from Magor to Castleton and to open in 2013, had risen from the £340m estimate 1998. Deputy First Minister Ieuan Wyn Jones said the bill for a proposed M4 relief road around Newport had risen to £1bn from its £340m estimate in 1998.
Mr Jones, transport minister, also dropped plans for a Cardiff Airport access road, when he announced a five-year transport plan. Mr Jones, announcing a five-year transport strategy, also dropped plans for an access road to Cardiff Airport, which one MP called "economic lunacy".
Conservative AMs said the decisions were "depressing and disturbing".Conservative AMs said the decisions were "depressing and disturbing".
Friends of the Earth Cymru said the six-lane motorway scheme through the Gwent Levels was a "victim of its own price tag in a credit crunch".Friends of the Earth Cymru said the six-lane motorway scheme through the Gwent Levels was a "victim of its own price tag in a credit crunch".
Vale of Glamorgan MP John Smith said the decision not to go ahead with the airport relief road was "economic lunacy" and a "reckless decision for the Welsh economy".
Mr Jones, who also holds the transport portfolio, has announced plans for the M4 relief road in September 2007, saying the scheme, proposed to run from Magor to Castleton, could open in 2013.