Major Infrastructure Projects

Part of 1. Questions to the First Minister – in the Senedd at 1:34 pm on 17 July 2018.

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Photo of Carwyn Jones Carwyn Jones Labour 1:34, 17 July 2018

I'm with him on ambition, but it has to be tempered of course with prudence. I can say that the MIM incorporates the best of the Scottish non-distributing model—optimum risk allocation, whole-life costing and performance-based payments, whilst ensuring that new investment is classified to the private sector, which is a hugely important issue of course that we've had to deal with in this Chamber many times. And it's therefore genuinely additional to investment from other public services. So, it's a different model from PFI. We will always seek to maximise the amount of funds available through the scheme, but we always have to bear in mind the affordability of our ambition for Wales.