Overall travel and subsistence costs were more than 30% below the level incurred by the former Welsh Development Agency.
Backed by the Welsh Development Agency, North Wales Aerospace Group will cement Airbus growth and develop spin-off aeroplane talent in the region.
Since then, the Welsh Development Agency, Welsh Assembly Government, Llanidloes Task Force and unions have worked to identify possible alternatives for the site.
"The Welsh Development Agency is the main player along with local authority in trying to look at alternative forms of investment, " he added.
BBC: NEWS | UK | Wales | North West Wales | Staff prepare for base job losses
The investment has been supported by the Welsh Assembly Government with a regional selective assistance grant and also by the Welsh Development Agency (WDA).
He has already said the Welsh Development Agency, the Wales Tourist Board and the post-16 education body, Elwa, will cease to be by 2006.
The move has been described by the Welsh Development Agency - the body responsible for bringing inward investment into Wales - as "a major boost".
The Welsh Development Agency owns the site and intends to build a hi-tech business park to recoup some of the 250 jobs lost by the closure of KTH.
Those defences - a flood bund, or mound - had been put in place as part of original outline planning permission granted to the Welsh Development Agency (WDA) by Denbighshire council.
Solray managing director Alistair Comyn Ching was set to be joined by Swansea Lord Mayor June Burtonshaw, representatives of the assembly and Welsh Development Agency at a turf cutting ceremony on Thursday.
It has been in public ownership for many years, having been bought by the Land Authority for Wales and the Welsh Development Agency before coming under the control of the Welsh government.
North Wales Watersports has already signed up more than 50 companies within the industry and will build further with funding from Europe, the Welsh Development Agency, the Wales Tourist Board and local authorities.
BBC: NEWS | UK | Wales | North West Wales | Watersports scheme to boost jobs
"I have instructed officials and the Welsh Development Agency to work with the company and their unions to do all we can to help those losing their jobs to find new work quickly, " he said.
But Conservative former Welsh Secretary Lord Crickhowell said the proposals were "at the most rudimentary stage" and the only really positive feature was that former Welsh Development Agency chairman Lord Rowe-Beddoe was a non-executive director.
The land was sold by the Welsh Development Agency to INTEGRA, an Ammanford-based business development company, and developed with a grant from the aid package announced by the assembly in the wake of the Corus closures.
In terms of its conclusion the report pulls back from the full radical view which would be to scrap all the different agencies and bring back an arms length body like the Welsh Development Agency which co-ordinated much of this before it was demolished in 2006.
Rural areas butting up against the Welsh border can already see the advantages Wales has with its strong development agency and an assembly on the way, he says.
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