Can I thank Jack Sargeant for his contribution? It was a pleasure to be able to join him at his recent jobs and prosperity summit and at the launch of the advanced manufacturing research institute, where we cut the sod, which will be a world-class research institute contributing something in the region of £4 billion in gross value added to the regional economy.

I know that this is a particular scheme that other Members have been keen to learn more about—Steffan Lewis, I know, raised it some time ago in the Chamber. It's a prime example of how the Welsh Government has been able to respond to the calls of the local enterprise zone. This, perhaps, is an example of the good work that can come from enterprise-zone activity, which was referred to by Russell George. Without the Deeside enterprise zone board, this project would not be where it is today—we probably would not have considered it. This was a specific bespoke project that was brought forward by a board that was acting in a very dynamic and informed way.

I was also pleased to, on the same day, launch the Wrexham enterprise hub—a hub that is being supported by us, the Welsh Government, which will create 100 new business and is expected to create 260 new jobs. It's fair to say that many of those businesses will not go on to be significant in size, and there may be some failures—we would expect that. However, we would only need one or two of the businesses that are being created in that hub to be the new Moneypenny or Chetwood Financial in order to justify not only our financial contribution but also to add very significantly to the employment rate in the Wrexham area. These are two really good examples of how the Welsh Government is using money strategically and smartly in order to drive the industries of tomorrow. Those particular issues comply perfectly with the economic contract and with the calls to action, with a sharp focus on research and development, skills, entrepreneurship and embracing new digital technology.

This week, we've seen the Digital Festival take place at the Wales Millennium Centre. That is a particular event that is growing year on year. It's now recognised not just as a Wales digital festival but an international festival that takes place in Wales, such is the calibre of the people who attend from around the world. I think that the presence of such a festival in Wales on an annual basis highlights how the emerging tech sector in Wales continues to go from strength to strength, often with direct help through Business Wales or through our business development managers.

I also think another prime example of how we are investing in the industries of tomorrow—embracing automation and embracing artificial intelligence—comes with the investment that we're making in the Tech Valleys initiative, with £25 million over the next three years and £100 million over the next decade, designed to attract businesses and to grow businesses in Wales from scratch based on tech and on emerging digital technology. Included within that particular region, in this area of activity, will be an enterprise hub along the lines of that which I opened in Wrexham.

I was particularly interested to learn about the proposal for gigabit hubs in north Wales. I think this could be a project that should be considered by the growth deal board in north Wales, not least because it would dovetail with some of the programmes that are being explored just across the border, and there's been a very clear direction that any growth deal in north Wales should dovetail with the growth deal in the Cheshire and Warrington local enterprise partnership in order to capitalise on collaboration and co-operation, and to avoid any unnecessary competition.

In terms of regional economic development, I know that the Member is very keen to ensure that north Wales gets its fair share. The second phase of the implementation plan will concern regional economic development and the development of regional economic plans, which are designed to empower the regions of Wales and to ensure that local authorities, Welsh Government, businesses and other stakeholders are all investing in the areas of expertise that currently exist, and in areas of economic activity that will be futureproofed.