In the spirit of St David’s day, may I first give huge congratulations to the hon. Member for Aberavon (Stephen Kinnock) on securing this important debate? More importantly, I thank my hon. Friend the Member for Montgomeryshire (Glyn Davies) for introducing a bit of consensus just before my speech, which I will build on. In that spirit, I add my name to the lobby of the hon. Member for Newport East (Jessica Morden) on the Severn bridge tolls, which are an important cross-party issue on which we all campaign strongly. I would certainly like to come to the meeting with the Department for Transport if Ministers can arrange that.
I want to touch on several points. I am mindful of the time limit, but as the Member for Cardiff North it would be remiss of me not to start with the Cardiff city deal. I know that my colleagues would be sad if I did not bang on about it for at least half my speech.
It is an important time for Cardiff, and an exciting time to be involved with what I see as the engine room of the Welsh economy—Cardiff and the city region. If the city deal is successful, it could bring a lot of scope, investment and vision together. The next couple of weeks will be incredibly important for our capital city. I want to make a couple of pleas from the Chamber about private sector involvement. I know that the Minister is a champion for us, and I implore him to do anything he can in the spirit of consensus and the framework of the city deal.
The Aston Martin announcement was so welcome and brilliant, and the Minister was integral to that. It resulted from championing by the UK and the Welsh Governments. If we take that partnership approach on many more issues, we could secure much more investment. We are all tempted, so close to an election, to take all the credit for anything positive in Wales, but there are many more companies floating around south Wales—and I hope north Wales, but I am unabashedly the champion of Cardiff—and working together can help secure investment.
Electrification is a key issue. When that happens in Cardiff and then in Swansea, there will be an opportunity to tie into the south Wales metro. I want to work with the Welsh Government and Network Rail to get work in the south Wales valleys into the right control period. I want to be involved in the conversations, for example, about whether the line is heavy or light. I want to do what I can, and I want the spirit of consensus to get into the city deal. I hope that the metro will be at the core of that. I realise that the next couple of months will be
difficult and that we might not quite agree on everything in the run-up to the Assembly election. However, in the spirit of consensus. I very much look forward to working with Councillor Jayne Cowan in Cardiff North, who, with 16 years of experience on the council, could help deliver the metro.
I also want briefly to mention IQE in the context of the city deal. It is a great Cardiff and Welsh company that produces the compound semiconductors that we find in most electronic devices. Its relationship with Cardiff University, and the new catapult that the Chancellor of Exchequer launched in Cardiff, are bringing high-end, brilliant manufacturing to Wales—exactly the sort of industry that we need to attract together. By “together”, again, I mean the UK and the Welsh Governments.
Without venturing too far into the European debate, Cardiff University punches far above its weight. That ties into Horizon 2020 funding and the critical mass we get in the single market for research and development, which I support wholeheartedly. The metro, electrification, IQE and working with the private and third sectors will deliver a Cardiff city deal to rejuvenate south Wales. The valleys are important in the Cardiff city deal, which might start with Cardiff, but is incredibly important to that critical work population of about 1.5 million people. Although Cardiff is the engine room of the Welsh economy, we need transformation for south Wales.