English: I do, but I was referring to the rationale of the First Minister, in terms of the First Minister's rationale for rejecting the proposal. We all know, of course, that the independent inspector recommended that the route be progressed. But the point I'm making is that you have to match your infrastructure investment plans with the stated priorities and aims of the Government, and I don't think we've necessarily seen those things joined up in the past, and we have an opportunity, I think, to do so if some of the recommendations in this report are to be implemented. I also note, and have reflected on the fact, that this statement has been made by the Welsh Government that you always seek to exhaust all of the cheaper sources of finance before you go on to, perhaps, the more expensive sources of finance. Now, that sounds a very reasonable approach, unless and until you start building risk into the process. And, of course, this is some of the talk that came through in the oral evidence sessions, in particular from KPMG and others, with reference to PFI and the mutual investment model, because when you can share that risk with the private sector, it very often makes sense, even though it might be a more expensive way to borrow. So I think that the Government should reflect on the evidence that came in from the committee about the sort of policy that it appears to have adopted in terms of its reluctance to engage with financing from private sources, because I think, very often - . Yes, we've seen some bad examples of PFI, but there are some good ones out there as well and we shouldn't ignore the fact that there have been some successful PFI operations, and I think that the mutual investment model has the opportunity, potentially, to demonstrate a different approach that does deliver better value for money in a way that those PFI initiatives of the past may not always have done.
Welsh: Ydw, ond roeddwn yn cyfeirio at resymeg y Prif Weinidog, o ran rhesymeg y Prif Weinidog dros wrthod y cynnig. Rydym i gyd yn gwybod, wrth gwrs, fod yr arolygydd annibynnol wedi argymell y dylid datblygu'r llwybr. Ond y pwynt rwy'n ei wneud yw bod yn rhaid i chi baru eich cynlluniau buddsoddi mewn seilwaith â blaenoriaethau a nodau datganedig y Llywodraeth, ac nid wyf yn credu ein bod ni o reidrwydd wedi gweld cydgysylltiad rhwng y pethau hynny yn y gorffennol, ac mae gennym gyfle, rwy'n credu, i wneud hynny os yw rhai o'r argymhellion yn yr adroddiad hwn i gael eu gweithredu. Sylwaf hefyd, ac rwyf wedi myfyrio ar y ffaith bod Llywodraeth Cymru wedi gwneud datganiad eich bod bob amser yn ceisio dihysbyddu'r holl ffynonellau cyllid rhatach cyn i chi droi at y ffynonellau cyllid drutach o bosibl. Nawr, mae honno'n swnio'n ffordd resymol iawn o fynd ati, oni bai a hyd nes eich bod chi'n dechrau adeiladu risg yn rhan o'r broses. Ac wrth gwrs, dyma beth o'r siarad a ddaeth drwodd yn y sesiynau tystiolaeth lafar, yn enwedig gan KPMG ac eraill, gan gyfeirio at y fenter cyllid preifat (PFI) a'r model buddsoddi cydfuddiannol (MIM), oherwydd pan allwch chi rannu'r risg â'r sector preifat, yn aml iawn mae'n gwneud synnwyr, er y gallai fod yn ffordd ddrutach o fenthyca. Felly credaf y dylai'r Llywodraeth ystyried y dystiolaeth a gyflwynwyd gan y pwyllgor ynghylch y math o bolisi yr ymddengys ei bod wedi ei fabwysiadu o ran ei hamharodrwydd i ariannu o ffynonellau preifat, oherwydd, yn aml iawn, rwy'n credu - . Rydym wedi gweld enghreifftiau gwael o fentrau PFI ond mae rhai da i'w cael hefyd ac ni ddylem anwybyddu'r ffaith y bu peth gweithgarwch PFI llwyddiannus, a chredaf fod y model buddsoddi cydfuddiannol wedi cael cyfle, o bosibl, i ddangos dull gwahanol o weithredu sy'n sicrhau gwell gwerth am arian mewn ffordd nad yw'r mentrau PFI hynny yn y gorffennol wedi'i wneud bob amser o bosibl.