Part of 1. 1. Questions to the Cabinet Secretary for Finance and Local Government – in the Senedd at 1:34 pm on 21 September 2016.
I thank the Member for that. He’ll be familiar, I’m sure, with the view of the Roman historian, Tacitus, that victory has many fathers—defeat is in orphan, but victory has many fathers. So, the Cabinet Secretary for Economy and Infrastructure has made an announcement in relation to the investment bank. It will be supported by finance that I will make available through my portfolio. It will operate right across Wales. It is very important—I agree with the Member—that we have to demonstrate that we go ahead over the whole of Wales. In north Wales, our plans currently include investment of over 240 schemes, with the total Welsh Government capital investment value of over £1.3 billion, and I have no doubt that the investment bank will allow us to continue to carry out that development further and faster.