§ Dr. Kim HowellsTo ask the Secretary of State for Wales (1) what is the latest estimated cost of the Cardiff bay barrage, including the initial design and consultancy costs and the costs to his Department of the Bill and its subsequent passage through the House;
(2) what are the latest figures for public loans, grants and subsidies to the Cardiff Bay development corporation from the beginning of the project to its completion.
§ Mr. David HuntThe latest estimates of the cost of the development strategy for Cardiff bay, including the proposed barrage, were contained in the letter of 13 December 1990 from my hon. Friend the Parliamentary Under-Secretary of State to the hon. Member for Merthyr Tydfil and Rhymney (Mr. Rowlands), a copy of which is in the Library of the House.
The costs of the Cardiff Bay Barrage Bill have been met by Cardiff Bay development corporation and no significant additional costs have been incurred by my Department.
§ Dr. Kim HowellsTo ask the Secretary of State for Wales (1) what is the number of new jobs which will be created by the works currently being undertaken by the Cardiff Bay development corporation; and if he will list these new jobs by category of employment;
(2) what is the estimated number of new jobs which will result from the works currently being undertaken by the Cardiff Bay development corporation (a) if a barrage is constructed and (b) if a barrage is not constructed; and if he will list the jobs, by category of employment, which will be created if a barrage is constructed.
§ Mr. David HuntThe works currently being undertaken by Cardiff Bay development corporation are aimed primarily at bringing land forward for development by the private sector, whose projects will create employment. It is therefore not meaningful to link the creation of permanent jobs with specific activities of the corporation.
The economic appraisal of the development strategy estimated that the following numbers of jobs would be created after 15 to 20 years:
435W
Type of development with barrage without barrage B1 (Use class B1) 18,050 7,950 Industrial 1,050 1,850 Retail 3,900 2,850 Leisure 2,350 450 25,350 13,100 Job Losses 500 400 Total 24,850 12,700 In addition, it is estimated that the following indirect jobs, that is those created through the supply of goods and services to the newly developed areas as well as induced jobs, those arising through the spending of those newly employed in the area and as a result of the indirect employment, would be created.
Direct (net) Indirect Total With barrage 24,850 7,450 32,300 Without barrage 12,700 3,800 16,500