Science: Finance
9th February 2011
Dr Francis: To ask the Secretary of State for Wales what discussions she has had with the Welsh Assembly Government on science funding in Wales; and if she will make a statement.
Mr David Jones: The Secretary of State for Wales and I have regular discussions with the First Minister and Welsh Assembly Government Ministers on a range of issues.
We are committed to supporting the development of Wales's science and innovation base. We welcome, in particular, funding announced last month from the Welsh Assembly Government, which will help support British Petroleum's new £400 million university science campus in Swansea.
The new campus is intended to allow academic researchers to collaborate with companies such as Rolls-Royce so they can commercialise ideas. This is good news for Wales, helping to create thousands of jobs and put more than £3 billion into the regional economy over 10 years. It is a significant boost to the Welsh economy as we begin the return to growth and prosperity.