Special Economic Zones: Wales
The question
To ask the Secretary of State for Housing, Communities and Local Government, what recent assessment she has made of the value for money of new jobs created by Special Economic Zones in Wales.
Answered by Alex Norris
Government applies rigorous value for money assessment during the development of policy, including in relation to the creation of special economic zones. Welsh Freeports and Investment Zones are required to demonstrate value for money before their proposals are approved. Appraisals are carried out in collaboration with the Welsh Government and consider both direct jobs created and wider economic benefits against the costs of the policy interventions, ensuring that public resources are used effectively to deliver the government's growth mission.
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