Leaving the EU: Infrastructure in Wales
Debate between Guto Bebb and Robert Flello(7 years, 11 months ago)
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Guto Bebb
The hon. Gentleman is clearly attempting to distort my words. The assurances given to Nissan are available to Ford and Toyota in the same way. A meeting has been offered. The Welsh Government Economy Minister is aware that that offer has been made. The hon. Member for Bridgend (Mrs Moon) asked for assurances, and I hope I have offered them in as open a manner as I can.
On infrastructure, we have seen significant infrastructure in north Wales with the super-prison in Berwyn. That was another investment into north Wales by the UK Government over and above any settlement with the Welsh Government. The importance of infrastructure investment as a means of boosting the economy is highlighted by the fact that that prison development has resulted in a significant contract being won by a consortium that included Coleg Cambria, which is based in north-east Wales. We should welcome that success story.
I am running out of time so I will try to respond quickly to the specific questions asked by Members. The hon. Member for Swansea East (Carolyn Harris) is looking at me in anticipation of a comment on tidal lagoons. Those of us who support the concept of tidal lagoons undoubtedly welcome the Hendry report, which was published last Thursday. News broke of Charles Hendry’s positive comments while I was at the mobile infrastructure summit in Cardiff Bay. The report was positive, but it was complex, too, and it needs to be looked at in depth. I sincerely hope that the Government will be able to respond in due course from a financial point of view to the issues with the cost of the tidal lagoon and the impact on the taxpayer and the electricity consumer. There is no doubt that the report was positive and needs to be taken seriously within Government. When the report was commissioned, many people said that the issue was being kicked into the long grass, but if they were looking for a negative report, that was not what they received. We are looking at the matter carefully, but there are no doubt issues still to be addressed over the next few months.
On the European Investment Bank, it is difficult to offer guarantees that the loans in question would be supported, but it is worth highlighting that the Chancellor has announced a £23 billion investment into the national productivity investment fund. We are putting in place alternative options for local authorities and stakeholders in Wales to bid into. Life after Brexit will not be the same as it is now, but that reflects that things will be changing.
I need to draw my comments to a conclusion. I apologise to Members if I have not been able to respond to specific points they have made, but I have certainly attempted to do so. The key point is that the decisions on leaving the European Union will be made on the basis of in-depth, proper consultation with partner local authorities throughout England and with the devolved Administrations in Cardiff, Edinburgh and Belfast. The key thing is that we must do the right thing for the people of the United Kingdom, whether they voted to remain or to leave.
