Hansard

Inward Investment

Volume 330: debated on Tuesday 27 April 1999

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Mrs. Gillan

To ask the Secretary of State for Wales if he will make a statement on the work he has done to secure (a) Korean and (b) Japanese inward investment into the United Kingdom. [81102]

Mr. Hain

[holding answer 16 April 1999]: In addition to taking any opportunity to promote Wales to overseas markets, my right hon. Friend, the Secretary of State for Wales has hosted a reception at Lancaster House for senior Japanese industrialists and has written to potential and existing investors. He has also met the Ambassador of each country.I led an inward investment mission to Japan last October. These efforts have been in addition to the day-to-day efforts of the Welsh Development Agency.Following the transfer of functions, this issue will be a matter for the National Assembly.