Part of the debate – in the Senedd at 4:31 pm on 27 June 2017.
Can I thank the Member for his contribution? I am happy to commit to bring forward details of the technology park project at speed, and to ensure that regular updates are provided to Members. I’ve already spoken with a number of stakeholders in the region and stakeholders within the sector, and there is widespread support for the development of a technology park. I’ve also spoken with experts such as Chris Sutton, who has been clear that one of the big barriers to investing in the Valleys has been the lack of suitable industrial units, and, as I’ve said, we will be addressing that challenge.
In terms of lessons learned, I think there is one major lesson that should be learned from this process: that no matter what the promises are, it’s only through a thorough process of due diligence that we can truly assess whether a project stacks up, whether it’s viable and whether it is the right project for the people that it’s designed for. I am keen to ensure that investors looking at Wales can have confidence in the Welsh Government to carry out an objective process of due diligence, to support their business growth and their investment in Wales, and to have the guarantee that the Welsh Government, as a partner of business, will do all we can to help their employment prospects grow and prosper.
In 2013—the Member produced a newsletter in which he expressed concerns, I think, about the jobs figure. The 6,000 jobs figure that’s been much promoted and widely repeated has been found to be a significant overstatement and that, again, was found as part of the due diligence process. In all fairness to the project promoters, the 6,000 jobs figure is not something that they say they are responsible for being promoted in the media, but that figure is nonetheless on their website at the moment, and the facts of the matters are that it is overstated and that the real jobs are actually there in phase 2, which we, as a Welsh Government, are now determined to deliver.