The First Minister's Priorities for the Welsh Economy

1. Questions to the First Minister – in the Senedd at 2:09 pm on 8 January 2019.

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Photo of David Rowlands David Rowlands UKIP 2:09, 8 January 2019

Can I take this opportunity to congratulate the First Minister on his appointment and I for one look forward to the dry wit you often display in your responses, even if I've been the recipient of some of the more barbed ones. Turning to my question:

Photo of David Rowlands David Rowlands UKIP 8 January 2019

(Translated)

4. What are the First Minister's priorities for the Welsh economy? OAQ53136

Photo of Mark Drakeford Mark Drakeford Labour 2:10, 8 January 2019

I thank the Member for his introduction, of course.

The Welsh Government's priorities are captured in our economic action plan: to raise levels of wealth and well-being in Wales, while reducing inequalities in both.

Photo of David Rowlands David Rowlands UKIP

Whilst all of us acknowledge the importance of the public sector in the delivery of the services we have all become accustomed to, almost every in-depth study of the Welsh economy identifies the fact that Wales is far too reliant on job creation and the generation of economic wealth from this sector. Could the First Minister please outline the economic strategies he intends to put in place to mitigate this over-reliance, which are designed to stimulate the private sector? After all, is it not true, First Minister, that we have to create the cake before we can eat it?

Photo of Mark Drakeford Mark Drakeford Labour 2:11, 8 January 2019

Well, Llywydd, while I agree with the Member about the importance of making sure that we have a vibrant and successful private sector in Wales, I myself reject the sort of analysis that aims to pit private and public sectors against one another. They rely on one another. The private sector relies on good public services, just as much as—and I agree with what the Member said—we rely on good private businesses to raise the revenues that we need for public services. So, these are not competitive sectors. They rely properly and productively on one another. I know that the Member will welcome the fact that in the last calendar year, in 2018, there were 259,000 enterprises active here in Wales, the highest number since records of that sort began, and in the last year for which we have figures, 2017, there were over 14,000 business births here in Wales, and that's an increase of 72 per cent in a five-year period. So, I don't think any of us would want to talk down the private sector here in Wales. It's vibrant, it's successful, and as a Government we will want to do everything we can to keep it in that condition.

Photo of Mohammad Asghar Mohammad Asghar Conservative 2:12, 8 January 2019

I also wish you the best in your new role, First Minister.

It is now 18 months since plans for an automotive park at Ebbw Vale was announced. Since that announcement, no foundations have been laid, and there is no sign of the jobs promised. The Ebbw Vale enterprise zone has created only 179 jobs in seven years. Can the First Minister advise when the automotive park will be fully operational and when the Welsh Government will start delivering on its promises to bring valuable jobs to Ebbw Vale, please?

Photo of Mark Drakeford Mark Drakeford Labour 2:13, 8 January 2019

Well, Llywydd, as I explained in an answer to a question from Adam Price, the original investment around the Tech Valleys programme always said that it would be a 10-year programme and that we would have £100 million invested over that 10 years. And, in fact, the amount of investment in this early part of the programme is greater than a pro rata part of that sum would result in. It is inevitable that, in the opening period, the focus has been squarely on investing in infrastructure, addressing the land and property issues to make sure that we are in a position to create those jobs that we know are there to be created for Ebbw Vale in the future. I won't go through again the different planning permissions that have already been secured and the work that's going on there already, but I think it provides the answer to the Member's question and should give confidence to people locally that the plan isn't waiting to happen—it's happening already.

Photo of Bethan Sayed Bethan Sayed Plaid Cymru 2:14, 8 January 2019

Well, just to move from Ebbw Vale for a minute—[Laughter.]—I wanted to take you further down to Port Talbot in South Wales West. I know that economic priorities and opportunities can sometimes change unexpectedly overnight, and in Port Talbot you will know that we've been blessed—or not so for the owner, Ian—with a new Banksy art piece, the first of its kind here in Wales. I'm in regular contact with the owner, and he's very keen to either keep it in Port Talbot, and definitely in Wales, but I also know that he's had quite significant interest in this piece of art. I met with the national museum yesterday; I know that there are plans from the Welsh Government's point of view for a feasibility study into a national visual arts gallery for Wales that potentially could be placed in Port Talbot. What discussions have there been, and what can you lead on now in relation to protecting this piece of art for Wales and making sure that we support the owner all along the way in making that particular important decision?

Photo of Mark Drakeford Mark Drakeford Labour 2:15, 8 January 2019

I thank Bethan Sayed for the question. Can I begin by expressing some sympathy for the individual involved, who, overnight, has found his house the subject of such widespread interest—fantastic in one way, but undoubtedly, at an individual level, bringing with it some significant impacts on that person's life? I know that there have been discussions between the local authority and the householder about ideas the local authority is able to bring to the table to assist them, and my colleague Dafydd Elis-Thomas will be involved in meetings during this week with the relevant authorities, again, to see if there is anything that we are able to do to assist. The feasibility study on a contemporary art gallery, which was part of the agreement between Plaid Cymru and the Welsh Government, has been received. There are a series of options in there, which we will want to explore jointly with you. I don't recall, from my reading of it some weeks ago, whether it says anything directly about Port Talbot, but there certainly are a series of practical propositions for taking that idea forward, and I look forward to the discussions we can have together to see how we can make progress in that area.