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Speed hopes for Giggs role
Speed was appointed as John Toshack's successor in the Wales hotseat last week and he is now in the process of forming his back-room team.
"It would be great to get him involved in some respect. I spoke to him last week and we'll have to wait and see," Speed told BBC Sport.
Giggs, who is taking his coaching badges, succeeded Speed as Wales captain in 2004 before retiring from the international game three years later in order to prolong his club career.
Speed is also looking for an experienced coach to assist him, with Wales Under-21 boss Brian Flynn and Speed's right-hand man at Sheffield United, John Carver, potentially in the frame.
"I want to bring the best people in for the sake of Welsh football," continued the 41-year-old. "I want a good coach to do the day-to-day coaching sessions on the training pitch whereas I do more team shape.
"Then I would like an experienced man behind me who has had experience at maybe Premier League and international football (level) because I'm relatively young."
Speed's first match in charge will be the Nations Cup opener against the Republic of Ireland in Dublin on February 8.
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