Thursday, May 31, 2012

Cardiff's Green Investment Bank Bid Update 2


Following the revelations made in March about the poor quality of the bid the Green Investment the Welsh Government submitted there was little Government reaction apart from a half hearted apology from Carwyn Jones.

However I came across this story from the Welsh Icons news site on the weekend from Conservative Shadow Business & Enterprise Minister Nick Ramsey about comments Business & Enterprise Minister Edwina Hart made promising to learn lessons from the bid process.

Commenting on the admission made to AMs yesterday afternoon that the Welsh Government has lessons to learn from its bid for the Green Investment Bank,  Nick Ramsay AM, Shadow Minister for Business, Enterprise, Technology & Science, said:

“The Minister has identified some of the mistakes which contributed to the failure of the Welsh Government’s bid for the Green Investment Bank, not least the refusal to work constructively with Cardiff Airport to develop routes to European economic hubs.

“In addition to the strategic failings, the Welsh Government’s bid was also rushed, repetitive and littered with mistakes.

“This was a missed opportunity for Wales as the Bank had the potential to bring £3billion of green investment into Wales.

“It is sensible to learn lessons for the future, but this opportunity has been lost and Cardiff  prospects as a financial centre are in the balance after Labour’s decision to axe plans for a business district.”

As critical as i have been about Edwina and Carwyn over this it's a step in the right direction and welcome, but I’ve checked the record from the Assembly last week and there was no statement from Edwina Hart in the Chamber, so I can only assume this  was an exchange made during the Business & Enterprise Committee last Thursday (24th May) – does anyone know more to shed light on the matter further?
Any source

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