The Welsh Government's Investment in TVR

Part of 3. Topical Questions – in the Senedd at 3:13 pm on 17 January 2018.

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Photo of Ken Skates Ken Skates Labour 3:13, 17 January 2018

We chose a mix of both a loan and equity: equity, in part, to ensure that we were able to benefit from the success of the company, as I've already said, and the loan in order to make sure that we get manufacturing to Wales. There are risks and rewards in any investment, but with this particular investment, the brand is incredibly strong and the potential of the reward is therefore immense. The potential of the reward for Blaenau Gwent, again, is potentially huge, and so I think the balance of risk versus reward is heavily skewed towards reward.