<p>The Circuit of Wales</p>

Part of 1. 1. Questions to the Cabinet Secretary for Economy and Infrastructure – in the Senedd at 1:34 pm on 7 December 2016.

Alert me about debates like this

Photo of Ken Skates Ken Skates Labour 1:34, 7 December 2016

And the Member is broadly right in his assertions. I think the figures have risen slightly, but, nonetheless, the actual return, provided that the circuit operates for the full duration, would return something in the region of £2.5 million in terms of the benefit-cost ratio for the taxpayer. So, the Member is absolutely right in that regard.

Just reflecting on what other Members have said, when I was Deputy Minister for Culture, Sport and Tourism, I believe I might have hosted, but I certainly spoke at, an event on behalf of the Circuit of Wales, talking about the value of facilities of this type and major events in the automotive sector and indeed in extreme sport in promoting Wales. In terms of extreme sport, it’s playing an incredibly important role in promoting 2016 as the Year of Adventure and it will do so next year as well as the Year of Legends and in 2018 during the Year of the Sea.