§ Mr. MorganTo ask the Secretary of State for Wales (1) what date he received the draft corporate plan of the Welsh Development Agency; what consultations he has carried out in respect of it; when he expects to receive the final version of the corporate plan; and if he will make a statement;
(2) what consultations he has held with the chairman of the Welsh Development Agency concerning the arrangements for publication of the agency's corporate plan.
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§ Mr. RedwoodI expect to receive the agency's corporate plan soon. My officials have been in discussion with the agency on possible options and priorities.
§ Mr. MorganTo ask the Secretary of State for Wales what consultations he has had with the chairman of the Welsh Development Agency concerning the future responsibilities of the agency in(a) factory development, (b) marketing, (c) urban regeneration, (d) derelict land clearance and (e) investment banking and venture capital; and if he will make a statement.
§ Mr. RedwoodI meet the chairman of the Welsh Development Agency regularly to discuss a range of issues.
My letter to the chairman of 8 March 1994 set out the ways in which I expect the agency to contribute to the economic development of Wales. A copy of that letter was placed in the Library of the House at the time.
§ Mr. MorganTo ask the Secretary of State for Wales what consultations he has had with the Audit Commission in relation to the terms of reference of the inquiry conducted by Grant Thornton into the Welsh Development Agency joint venture with Cynon Valley borough council and the land deal with Tesco plc.
§ Mr. RedwoodNone. The arrangements for the inquiry are a matter for the agency.
§ Mr. MorganTo ask the Secretary of State for Wales on what date he received notification from the chairman of the Welsh Development Agency concerning his impending directorship of Development Securities Ltd.; on what date consent was given; and if he will make a statement.
§ Mr. RedwoodThe chairman notified me that he intended to take up a directorship of Development Securities plc on 25 March 1994.