What due diligence took place before the Welsh Government decided to back the failed Surf Snowdonia and Hilton Hotel in Dolgarrog?
Answered by Cabinet Secretary for Economy, Energy and Planning
| Answered on 09/01/2025
Welsh Government support for these projects was awarded through Tourism Investment Support, Land Reclamation Grant and as a commercial loan. Appraisal and due diligence were undertaken in line with the relevant processes for each type of award, including financial due diligence and appraisal of the project benefits.