§ 21. Mr. Harvey
asked the Secretary of State for Wales what information he has as to by how much Japanese inward investment in Wales has increased since 1979; what Japanese inward investment decisions have been monitored by his Department during April; and what is the policy of his Department towards such investment.
§ Mr. Nicholas Edwards
Detailed information is not available from 1979, but since WINvest was established on 1 April 1983 Wales has secured four new inward investment projects from Japan, 15 expansion projects and one joint venture involving a total of over 5,200 jobs and a capital investment of some £125 million. WINvest keeps in close touch with potential inward investors from Japan to ensure that they are aware of the benefits of investing in Wales. The policy remains that Her Majesty's Government welcome beneficial inward investment from Japan.