Jonathan Lewis has been appointed to lead an independent advisory panel tasked with designing and defining the remit of a new economic development agency for Wales. The announcement comes as the Welsh Government aims to significantly reduce the nation's productivity gap with the rest of the UK.
Plaid Cymru's Pledge and Senedd Questions
The creation of a development agency for Wales was a key commitment from Plaid Cymru ahead of the election. On Tuesday, Enterprise Minister Adam Price faced questions in the Senedd regarding the plans. Critics noted that Mr Price was unable to provide a specific timeline for the agency's establishment.
The former Welsh Development Agency was founded in 1976 to revitalise the struggling Welsh economy through business development and investment. It was dissolved in April 2006, with its functions transferred to the Welsh Government.
Jonathan Lewis's Background
Mr Lewis brings extensive experience in major infrastructure and services sectors globally, particularly in energy, engineering, construction, and technology. He currently chairs Associated British Ports (ABP) and serves as a non-executive director at Adura Energy. Previously, he held CEO roles at Capita plc and Amec Foster Wheeler plc.
Productivity Goal and Vision
Mr Price stated that the new administration has set an economic goal to halve Wales' productivity gap with the UK within 10 years. He emphasised that the agency is not about recreating the past. "This agency isn't about recreating the past. It's about building something that can stand out globally while connecting effectively with communities and businesses right across Wales," he said.
