Job Creation

Oral Answers to Questions — Wales – in the House of Commons at 12:00 am on 29th February 1988.

Alert me about debates like this

Photo of Sir Anthony Meyer Sir Anthony Meyer , Clwyd North West 12:00 am, 29th February 1988

To ask the Secretary of State for Wales how many jobs have been provided in Wales during the last period of 12 months for which figures are available by firms based outside the United Kingdom.

Photo of Mr Peter Walker Mr Peter Walker , Worcester

Inward investment projects from outside the United Kingdom secured during 1987 are planned to create or safeguard 5,161 jobs. These were 59 projects, which is an all-time record.

Photo of Sir Anthony Meyer Sir Anthony Meyer , Clwyd North West

From those figures, and the figures for preceding years, is it not clear that Wales was, and remains, exceptionally attractive to inward investors? Will my right hon. Friend continue his extremely successful efforts to attract still further investment in the Principality?

Photo of Mr Peter Walker Mr Peter Walker , Worcester

I am pleased to say that the available figures for 1987 show that Wales was the leading region in the United Kingdom for attracting inward investment.