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Investment

Volume 186: debated on Monday 18 February 1991

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17.

To ask the Secretary of State for Wales when he next proposes to meet the chairmen of the major clearing banks to discuss future investments in companies in Wales.

I meet the major clearing banks periodically to discuss a range of matters, including progress of the Welsh economy.

18.

To ask the Secretary of State for Wales by what amount inward investment in Wales has increased over the last five years for which figures are available.

There has been a 75 per cent. increase in the number of inward investment projects secured for Wales over the past five years. In 1990, 142 projects were secured, promising some 16,000 jobs and capital investment of almost £640 million.