Economic Situation

(asked on 11th December 2014) - View Source

Question to the Wales Office:

To ask the Secretary of State for Wales, what recent discussions he has had with Ministers in the Welsh Government on the economic development of Wales and steps to attract inward investment to Wales.


Answered by
Stephen Crabb Portrait
Stephen Crabb
This question was answered on 18th December 2014

Inward investment is crucial to the recovery of the Welsh economy. It contributes significantly to economic growth and I am delighted that Wales had 79 inward investment projects in 2013-14. This is a significant improvement on the previous year and is testament to the collaborative working that is taking place between the UK Government and Welsh Government.

The UK Investment Summit in Newport last month was another excellent example of two Governments working together and was an important opportunity to showcase Wales on a global stage. During the summit I met numerous companies that are looking to invest or to expand their investment in Wales.

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