Part of 2. 1. Questions to the Cabinet Secretary for Economy and Infrastructure – in the Senedd at 1:51 pm on 21 June 2017.
If we could move, finally, to another major project, could the Cabinet Secretary update us on the compound semiconductor foundry and cluster project announced as part of the Cardiff city region city deal? I understand that the city region team are in negotiation with your own property team over the acquisition of the packaging and testing building on the old LG site, which has been empty since 1996. Now, this project, linked as it is, according to industry sources, with a major IQE contract for its vertical-cavity cell technology, which will be intrinsic to the 3D sensing camera in the new iPhone 8 has huge potential—transformative potential—for the Welsh economy. I’m told that haggling and foot-dragging by Government over the terms of the acquisition of this empty building has meant the company has now had to prepare a plan B, which would involve manufacture at its facilities in North Carolina, with a consequent loss, potentially, of thousands of jobs to the Welsh economy. The fourteenth of July—the next meeting of the Cardiff city region Cabinet—is the absolute deadline for a decision. So, can the Cabinet Secretary assure us it’s a deadline that we will absolutely not miss?