Finance Secretary Mark Drakeford says he'll decide soon which infrastructure projects will take priority for funding.
Yesterday's Autumn Statement included more than £400m of additional capital funding for Wales between 2016-17 and 2020-21 and £35.8m of revenue funding between 2016-17 and 2019-20 – this includes £20m funding previously announced as a result of the apprenticeship levy.
Elsewhere the Welsh Local Government Association (WLGA) said Chancellor Philip Hammond could've done more to ease pressures facing local services.
They claim vital services could be under threat as councils "continue to bear the brunt of austerity."
The President of the South and Mid Wales Chambers of Commerce, Liz Maher, said she "welcomed" the Chancellor's statement regarding his attempts to support businesses through innovation and infrastructure.
However, she said more action was needed on high up-front taxes and the costs of doing business in the UK.