Part of the debate – in the Senedd at 4:28 pm on 27 June 2017.
I thank the Cabinet Secretary for his statement. I have had my concerns about this project from the beginning. Four years ago I put in my local newsletter for my constituents, which shows—four years ago, 2013—. I will read a couple of my concerns for this project: a developer exaggerating the figure they put for the jobs; high-profile events, such as this one—how MotoGP will be attracted to the circuit when they have contractual obligations with other race tracks, not only this one—and how developers are going to raise this £300 million. That was a concern. The money, of course, will come from the private sector, but from where? All these four, and all a long list, they never satisfied then, and I think they have never satisfied now. I, indeed, have a copy of this for you to look at. All along, I have stressed the need for due diligence to apply to the financial requirements of this project, and believe the results have justified my call for caution and concern.
The Welsh Government committed over £9 million of taxpayers’ money to these projects in the last four or five years, which was totally unnecessary. Can I ask the Cabinet Secretary what lessons his department has learnt in view of the critical Wales Audit Office study of this funding? Also, would he like to send his two officials into the Public Accounts Committee? If so, when? This decision will, of course, be met with disappointment and dismay in Ebbw Vale. It’s my region and I’d love to see this region prosper like Cardiff and other areas like London. There are great people and nice people there, and there is a great opportunity. So, I welcome his announcement of a new automotive technology business park in Ebbw Vale, and I hope that gets success. Can I ask what discussions he has had with business organisations and the local authorities about this park? What initiatives will be offered for businesses who locate and relocate in this area? Will he agree to provide a further statement as soon as possible for information—when he receives it—for the various business and investors? Like he just mentioned earlier to others, I don’t want to repeat; most of my colleagues have shown the concerns regarding your decision, but I think your decision is perfectly perfect. Thank you.