The Property and Asset Strategy

Part of 2. Questions to the Minister for Finance and Trefnydd – in the Senedd at 3:03 pm on 26 June 2019.

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Photo of Rebecca Evans Rebecca Evans Labour 3:03, 26 June 2019

Well, as I say, the corporate asset management strategy has been published, and I'm happy to provide the Member with more information. But it is fully aligned to the Well-being of Future Generations (Wales) Act 2015 in its ways of working and well-being goals. And, in fact, it's very much designed to support the Act's challenge that Government decision making should be more holistic. It's about taking a broader perspective and recognising the interdependencies that exist and the importance of working together to maximise public value for money and the impact of corporate decision making. And that particular piece of work should ensure that we are maximising the policy outcomes.

I don't think there's a lack of ambition in this area because all of our departments have asset management strategies of their own, and I'm currently going through those at the moment to ensure that I'm satisfied that they meet our objectives across Government rather than just simply meeting individual department objectives.

We're also developing best practice for acquisitions as well, because we know that we do, from time to time, need to acquire land and buildings, and we need to ensure that that is done with the appropriate transparency and due diligence. There's a lot of work going on in this area. I referred to the work that the Minister for the economy and the Minister for local government and I are doing to change our approach to the land that we hold in Welsh Government to ensure that when it's disposed of in those cases, it is done so in a way that meets our cross-Government priorities, rather than simply being about the bottom line.