Facilitate business, don't run it, Tory chief says.
Speaking to a meeting of South Wales Chamber of Commerce, Mr Davies also claimed that the Welsh Government is currently failing in its duty to market Wales as a place to do business on the international stage.
Mr Davies said: "Wealth creation is a vibrant part of Welsh culture and history and is integral to our nation's future prosperity and regeneration. Yet, at the heart of the Welsh Government, the idea of wealth creation is almost an anathema.
"There is a perception wealth creation is something to arouse suspicion rather than seeing it as a way out of poverty and improving the quality of life of our people. Wealth creation should be at the heart of what drives the Welsh economy and what ultimately creates jobs.
He said the role of the state was to facilitate business and not "own it".
He added: "So the Welsh Government's role is to develop the transport links to enable businesses to expand and export, not buy up office space or purchase airports.
"Instead of offering rhetoric and going round nationalising private assets, the Welsh Government should focus its attention on the levers at its control and the measures it could take to support the Welsh economy, rather than trying to run it.
"In the current economic climate, for a country the size of Wales - the importance of exporting cannot be overstated.
"It's not rocket science, but at the moment, the approach of the Welsh Government is in my view, too slapdash and piecemeal in its aims and its delivery.
"The Welsh Government now needs to clearly define its role in the Welsh economy - that is to nurture economic growth and help generate the conditions for wealth creation.
"With governments at both ends of the M4 co-operating and working together with a focus on job creation, we can make Wales a more prosperous nation"
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|Publication:||Western Mail (Cardiff, Wales)|
|Date:||Jun 29, 2013|
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