Last week, the First Minister announced that Valero will be investing in a £127 million project to create a combined heat and power cogeneration unit at their Pemrokeshire refinery. That project will help secure the long-term sustainability of the refinery and also secure over 1,000 employees, and help boost the Pembrokeshire economy and, for that matter, that of Wales.

I understand the Welsh Government has been working closely with Valero to help secure this crucial investment. Cabinet Secretary, would you agree that this investment clearly demonstrates the value of strategic enterprise zones like the Haven Waterway enterprise zone, which you have now agreed to extend?