Can I thank Russell George for his questions, and also for his support and encouragement on this important project? I think it has, it's fair to say, cross-party support, and there is a good degree of excitement across the Chamber and indeed in the region that will benefit from this world-class centre of excellence.

Russell identified the European centres. Of course, there are two test facilities, currently in the Czech Republic and in Germany. Both have existed for a significant length of time. The industry across Europe, but particularly in the UK, has said that now is the time to develop a new facility, and the site that we've identified in Wales is perfectly suited to what will become the first in the UK and, in all probability, the best facility of its type in Europe, possibly on the planet.

We've invested already £1 million in developing the proposals. We'll be moving further as part of the next stage to assess the degree of investment that will be forthcoming from the private sector, but based on our soft market testing to date, it's our belief that the entire cost of building the project will come from the sector itself. There will obviously be interest from academic institutions, and the creation of a chair of rail engineering will be part of the research and development element of the project that I outlined in my statement.

I'd hope that, during the briefing session that is to follow, the findings of the outline business case will be shared with Members, but I will of course follow this up with further detail in due course.

And Russell George also raised questions about the wider social and economic benefits of this project and how it fits with the economic action plan and with our skills policy well. Well, first of all, with the economic action plan, we have moved away from the focus of individual business support to looking at how we can create magnets to draw in investment and facilities that solve entire industry solutions. I identified the advanced manufacturing research institute in north-east Wales, which will focus very much on composites and lightweight materials for the aerospace and automotive sectors. There's also M-SParc, which supports the aspirations of the Energy Island drive on Anglesey. The compound semiconductor research institute in the cluster is another example in south-east Wales. The steel research and development facility in Swansea bay I could identify as well, and another magnet that is to be completed very soon is the international convention centre. And, of course, in terms of the creative industries, we supported the development of Wolf Studios, which again is one of the best facilities of its type for that particular sector.

These magnets are designed to lock in investment for the long term in Wales. They are designed to knit perfectly with the UK industrial strategy as well as with our skills policy. And, within the three regions that are producing regional skills partnerships annual reports, there is a need to ensure that the pipeline of skills provision supports these magnet projects. So, of course, in future years, I would expect the annual skills plan for the region that will benefit most from this intervention to reflect on the need to ensure that as many people in that region as possible are skilled up for employment at the test facility.

I think it's also worth saying that, although conservatively we've estimated something in the region of 150 permanent jobs, the number is far higher in Germany, and there will also be a very significant number, we expect—several hundred—of sub contractors, external employees and industry experts who will be attending the site on a very regular basis, and that in turn will support the development of the visitor economy, which is of course very important to the two local authority areas that have formed the joint venture agreement with Welsh Government.