AN INVESTMENT of £800m and up to 4,000 new jobs are being predicted by council leaders in Walsall a year after its much maligned new ring road opened.

The message from Walsall Council comes as a plaque is unveiled on a town centre railway bridge to commemorate work on the ring road and the staff involved in the scheme are publicly thanked.

Building it involved 13 major engineering projects and it was reported that the road had gone £5.3m over budget and completed nine months late.

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