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Welsh Liberal Democrats

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Eluned Parrott AM – Disorganised Government Costs Jobs

February 1, 2012 2:06 PM

Commenting on a new Cardiff Business School study on inward investment Welsh Liberal Democrat Shadow Business Minister Eluned Parrott said:

"The language used in this report is damning; it describes the agencies involved in attracting inward investment to Wales as contradicting one another and as being fragmented and disjointed.

"This chimes with other evidence to demonstrate that the Welsh Government's lack of vision and co-ordination is costing Wales jobs. Only yesterday the Assembly debated a micro-business report that came to a similar conclusion. The Welsh Government's approach to economic development has been uncoordinated and messy, with multiple agencies competing unnecessarily.

"The facts don't lie. Wales has slipped backwards against British regions and countries in terms of inward investment, slipping from having the 2nd best record on inward investment to the 9th.

"The disorganised Labour and Plaid Governments of the last decade have cost Wales jobs as they have chosen the path of gimmicks and ideology instead of providing streamlined and accessible business assistance. We must put this right to help Wales grow."