§ Mr. Barry JonesTo ask the Secretary of State for Wales what estimate he has made of the number of Japanese companies intending to locate in Wales in the next 12 months; and if he will make a statement. [2259]
§ Mr. HagueA number of Japanese companies are considering investing in Wales, some for the first time, some reinvesting in existing operations and another is contemplating a joint venture. While we will do all that we can to convert these prospects into projects, it would be unwise to speculate further at this stage.
§ Mr. Barry JonesTo ask the Secretary of State for Wales how many Japanese companies have located in each of the counties of Wales since 1990. [2258]
§ Mr. HagueSince 1 January 1990, the Welsh development agency has recorded projects by nine Japanese companies carrying out new investments in Wales; four entering into joint ventures; three acquisitions; and 41 expansions of existing operations.
700WTen projects have been recorded for Clwyd; five for Dyfed; 13 for Gwent; one for Gwynedd; 15 for Mid Glamorgan; two for Powys; eight for South Glamorgan; and three for West Glamorgan.