Additional cash to drive investment in growth projects across Wales will be announced in tomorrow's UK Budget, though the Welsh Government has said it is waiting "to see the detail on these anouncements to determine if any of this is new funding."

Rishi Sunak is expected to announce funding for three 'City and Growth Deals'in north and mid Wales and Swansea Bay, a hydrogen production centre in Anglesey, and a rail testing site in south Wales. All the projects are co-financed with the Welsh Government 

Chancellor Rishi Sunak has promised to bring forward an extra £1.8 million a year for the Mid Wales Growth Deal, a £110 million project backed by the Welsh and UK Governments to drive investment in Powys and Ceredigion. A further £1.8 million is expected to be announced to boost the mid-Wales deal from 2021/22. 

In total £58.7 million of funding over the next five years has been promised 'Growth Deals' with the expansion of the deals - from 15 to 10 years meaning that:

• The North-Wales Growth Deal will get an extra £4.4 million per year from 2021/22 for another nine years, to create up to 3,800 new jobs and to support an uplift of £2.2 billion for the economy. 

• The Mid-Wales Growth Deal will get an extra £1.8 million per year from 2021/22 for the next ten years, which the UK Government says will lead to faster investment once projects are agreed, such as those focussing on transport, agriculture, skills and employment. 

• The Swansea Bay City Deal is promised an extra £5.4 million per year over the next seven years, targeting projects that include digital and urban regeneration infrastructure projects, to be delivered faster.

The UK Government is saying it will match fund up to £30 million, subject to business case approval, with the remaining £128 million expected to come from the Welsh Government and private sector investment. 

Treasury support to Wales throughout the pandemic has included: 

• Providing the Welsh Government with an additional £5.85 billion of funding to support people, businesses and public services 

• Protecting nearly 250,000 jobs through the furlough scheme 

• Supporting the incomes of 295,000 self-employed people 

• Providing more than 57,000 loans worth more than £2 billion to Welsh businesses  

Secretary of State for Wales, Simon Hart, approved of the proposed investment.

"This planned package of measures from the Chancellor delivers for Wales as we build back better and greener from the coronavirus pandemic," he said.

"As well as bringing thousands of skilled jobs, the plans for the Centre for Rail Excellence, hydrogen hub and investment in growth deals show the UK Government's determination to make sure that Wales is a centre for innovation and the industries of the future."

A Welsh Government spokesperson told media: "We await to see the detail on these announcements to determine if any of this is new funding" and added that the Welsh Government "had not seen any detail of the Global Centre for Rail Excellence, but welcome investment for this project."