2. Business Statement and Announcement

Part of the debate – in the Senedd at 2:33 pm on 1 October 2019.

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Photo of Mohammad Asghar Mohammad Asghar Conservative 2:33, 1 October 2019

Minister, may I ask for a statement from the Minister for Economy and Transport on the delay in commencing car production at Rassau industrial estate in Ebbw Vale by TVR? The Welsh Government gave the sports car company a loan of £2 million in March 2016, and has invested £0.5 million in the car maker. Production at Rassau was due to start earlier this year, but answers to my written questions reveal that this is not now expected to commence until the last quarter of 2020. Given that Blaenau Gwent currently ranks at the bottom of the league table of economic competitiveness in the United Kingdom, please could we have a statement giving the reasons why this much-heralded investment has been delayed and the much needed 100 quality jobs have not been delivered yet?