Diolch yn fawr, Llywydd. Just before we rose for the summer recess, the Government pulled the rug out from underneath the Circuit of Wales project, which would have brought hundreds of millions of pounds of much-needed private investment into the northern Valleys. As a fig leaf, the First Minister and his Government then proposed that they should invest £100 million of public money in a speculative scheme to create a new industrial park in the Ebbw Vale area. Given that the Ebbw Vale enterprise zone has been in operation now for quite a number of years, and tens of millions of pounds have already been invested in jobs in that area, but only 320 new jobs have been created and 70 safeguarded, why does the First Minister think that his speculative proposal is going to be any more successful?