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’s prospects as a financial centre are in the balance after Labour’s decision to axe plans for a business district.”
