English: I thank Mike Hedges for raising those issues. And of course I'm familiar with Mike's scepticism over the MIM approach, and I think it is helpful to have that level of challenge, because we've had some excellent discussions in Finance Committee particularly, but also several times here in the Senedd, when we've explored the MIM model. There was a particular question regarding borrowing and why Welsh Government - not a question, really; a comment as to borrowing. And some people have asked, 'Well, why doesn't Welsh Government borrow to deliver the A465 or more of these school schemes?' Well, as Mike's aware, the borrowing limit is very modest, only £150 million a year, and, obviously, we've already got really ambitious investment plans: housing, health, other parts of our school agenda, the metro, responding to the Burns report, which is due next week as well. So, borrowing really is necessary to ensure that we can deliver on these, and this is one of the reasons I'm grateful for the cross-party support and the support of the Finance Committee in terms of our efforts to extend or expand our borrowing capability and get that agreement from the UK Government. Just a couple of words on the cost of the projects from the school side - so, we've committed to delivering new schools and colleges with a capital value of up to £500 million through the Welsh education partnership. Total annual service payment for that won't yet be known until the projects are in operation, and we do expect those projects to be delivered over the next seven years. So, when we've agreed our contracts with Meridian, what we haven't done is entered into a contract for one partner to deliver the project, but one partner to assemble the project. So, there will be the opportunity then for local contractors to bid for those projects. We'll be advertising on Sell2Wales, and of course we want local businesses to come together as partners and as groups in which to bid for those projects if they are too small players to bid on their own for those. I think that's important as well. And the Development Bank of Wales will be a shareholder in each of the project companies established for the schools and colleges project. And we intend to - well, we have provided a very modest working capital facility to establish WEPCo, equating to 20 per cent of the latter's working capital needs. So, that's putting the situation on the record as it is at the moment, but of course there'll be opportunities in due course, once things have progressed further, for that in-depth level of scrutiny.
Welsh: Diolch i Mike Hedges am godi'r materion yna. Ac wrth gwrs rwy'n gyfarwydd ag amheuon Mike ynghylch y dull model buddsoddi cydfuddiannol, ac rwy'n credu ei bod yn ddefnyddiol cael y lefel honno o her, oherwydd rydym ni wedi cael rhai trafodaethau rhagorol yn y Pwyllgor Cyllid yn arbennig, ond hefyd sawl gwaith yma yn y Senedd, pan oeddem yn archwilio'r model buddsoddi cydfuddiannol. Roedd cwestiwn penodol ynghylch benthyca a pham mae Llywodraeth Cymru - nid cwestiwn, mewn gwirionedd; sylw ynghylch benthyca. Ac mae rhai pobl wedi gofyn, 'Wel, pam nad yw Llywodraeth Cymru yn benthyca i ddarparu'r A465 neu fwy o'r cynlluniau ysgol hyn?' Wel, fel y gŵyr Mike, mae'r terfyn benthyca'n fach iawn, dim ond £150 miliwn y flwyddyn, ac, yn amlwg, mae gennym ni gynlluniau buddsoddi uchelgeisiol iawn eisoes: tai, iechyd, rhannau eraill o'n hagenda ysgolion, y metro, ymateb i adroddiad Burns, a fydd yn cael ei gyhoeddi yr wythnos nesaf hefyd. Felly, mae angen benthyca mewn gwirionedd i sicrhau y gallwn ni gyflawni'r rhain, a dyma un o'r rhesymau pam rwyf yn ddiolchgar am y gefnogaeth drawsbleidiol a chefnogaeth y Pwyllgor Cyllid o ran ein hymdrechion i ymestyn neu ehangu ein gallu benthyca a chael y cytundeb hwnnw gan Lywodraeth y DU. Dim ond ychydig eiriau am gost y prosiectau o ochr yr ysgol - rydym ni wedi ymrwymo i ddarparu ysgolion a cholegau newydd sydd â gwerth cyfalaf o hyd at £500 miliwn drwy bartneriaeth addysg Cymru. Ni fydd cyfanswm y taliad gwasanaeth blynyddol ar gyfer hynny'n hysbys eto nes bydd y prosiectau ar waith, ac rydym yn disgwyl i'r prosiectau hynny gael eu cyflawni dros y saith mlynedd nesaf. Felly, pan fyddwn wedi cytuno ar ein contractau gyda Meridiam, yr hyn na fyddwn ni wedi'i wneud yw ymrwymo i gontract i un partner gyflawni'r prosiect, ond yn hytrach un partner i roi'r prosiect at ei gilydd. Felly, bydd cyfle bryd hynny i gontractwyr lleol wneud cais am y prosiectau hynny. Byddwn yn hysbysebu ar GwerthwchiGymru, ac wrth gwrs rydym eisiau i fusnesau lleol ddod at ei gilydd fel partneriaid ac fel grwpiau i wneud cais am y prosiectau hynny os ydyn nhw'n fusnesau rhy fach i wneud cais ar eu pennau eu hunain am y rheini. Rwy'n credu bod hynny'n bwysig hefyd. A bydd Banc Datblygu Cymru yn gyfranddaliwr ym mhob un o'r cwmnïau prosiect a sefydlwyd ar gyfer y prosiect ysgolion a cholegau. A bwriadwn - wel, rydym wedi darparu cyfleuster cyfalaf gweithio cymedrol iawn i sefydlu WEPCo, sy'n cyfateb i 20 y cant o anghenion ei gyfalaf gweithio. Felly, dyna egluro'r sefyllfa fel y mae ar hyn o bryd, ond wrth gwrs bydd cyfleoedd maes o law, unwaith y bydd pethau wedi datblygu ymhellach, ar gyfer y lefel fanwl honno o graffu.