Chris Evans
Main Page: Chris Evans (Labour (Co-op) - Caerphilly)Department Debates - View all Chris Evans's debates with the Wales Office
(6 years, 9 months ago)
Commons ChamberThe offer of a meeting is something I would always be happy to accept, but it has to be at the right time. In the context of structural funding, the key thing is that, for example, a strategic approach across north Wales was not possible because four counties were receiving European structural funds and two were not. We now have an opportunity for a strategic approach across north Wales, which will be supported by a UK shared prosperity fund in due course.
Wales remains a great place to invest. As we leave the EU, we will continue to support existing investment relationships and work to attract new projects. I am working closely with the Department for International Trade to deliver this.
The Secretary of State will know that the Welsh Labour Government have been very successful in attracting businesses such as TVR, Aston Martin and General Dynamics. All that foreign investment could be at risk if there is a no-deal Brexit. What is he specifically doing to reassure the business community that Wales is still open for business?
The hon. Gentleman is absolutely right that Wales is a great place to invest. Last year, 85 foreign direct investment projects came to Wales, 95% of which were supported and facilitated by the Department for International Trade. I have been to Qatar and Japan to talk to investors, and I am encouraged by their optimism and the flexibility that the Welsh economy can bring.