During Wales Questions, I asked the Secretary of State for Wales, what recent estimate he has made of the level of foreign direct investment into Wales.
He explained that last year, over 3,000 jobs went to Wales through foreign direct investment, through 57 projects, of which 93% were supported by his Department and the Department for International Trade.
Given the recent showcasing of the Welsh investment portfolio at the MIPIM conference, I further asked what steps the Secretary of State is taking to try to lever further foreign direct investment into Wales, in what is undoubtedly a key nation in our dynamic UK economy.
He praised my position as a strong advocate for foreign direct investment all over Britain, and said that these developments are a great demonstration of Whitehall Departments working closely with local authorities. He confirmed there has been extremely positive feedback from both local authorities and investors, and they are working through those leads to see which projects can land.