Part of 2. 1. Questions to the Cabinet Secretary for Economy and Infrastructure – in the Senedd at 1:47 pm on 19 July 2017.
Thank you, Presiding Officer. Cabinet Secretary, infrastructure projects have too often been delayed by short-term political considerations, and this has often led to spiralling costs and the cancellation of projects altogether. In addition, where high levels of uncertainty hang above infrastructure schemes, potentially, private sector investors are often deterred from providing financial backing for these kinds of projects. When infrastructure is planned and delivered within the context of a secure, credible and long-term view, these projects often secure a greater level of private sector interest and investment. So, can I ask you, perhaps in the light of recent events as well, to reconsider putting the national infrastructure commission on a statutory footing? I would also suggest that it will be a missed opportunity for you not to do that. I think what the Government needs to do is to demonstrate a genuine commitment to creating a stable and long-term approach to infrastructure development in Wales.