Oral Answers to Questions Debate

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Department: Wales Office

Oral Answers to Questions

John Howell Excerpts
Wednesday 3rd December 2014

(9 years, 4 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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Order. Let us have a bit of quiet in the Chamber so that Mr Howell can raise the subject of the Newport investment summit.

John Howell Portrait John Howell (Henley) (Con)
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9. What discussions he had with business leaders at the recent Newport investment summit.

Stephen Crabb Portrait The Secretary of State for Wales (Stephen Crabb)
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The UK investment summit in Newport was another important opportunity to focus on all that is good about the Welsh economy at this time. I was proud to stand shoulder to shoulder with my right hon. Friend the Prime Minister, the First Minister of Wales and businesses in Wales to bang the drum for all that is great about our nation. During the summit I met numerous companies that are looking to invest or to expand their investment in Wales.

John Howell Portrait John Howell
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Did my right hon. Friend discuss with business leaders the fact that there were 79 foreign direct investment projects in Wales in 2013-14, the highest level in 24 years?

Stephen Crabb Portrait Stephen Crabb
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My hon. Friend is exactly right; there has been a sharp increase in inward investment in Wales. The important point to note about those projects is that they were all secured with the help of UK Trade & Investment and the UK Government.