HC Deb 08 May 1989 vol 152 c324W
5. Mr. Alex Carlile

To ask the Secretary of State for Wales if he will make a statement on the level of inward investment in Wales.

Mr. Peter Walker

Wales continues to attract very high levels of inward investment. In terms of related new jobs, Wales' share of inward investment to the United Kingdom was 20 per cent. in 1987. The provisional figures for 1988 indicate that this has increased to 22 per cent. This compares with 6 per cent. in 1979. Projects secured from abroad and the United Kingdom in 1988 promise over 11,000 new jobs and nearly I.2 billion of capital investment.

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