New inward investment projects in Wales promised to create more than 3,000 jobs last year, according to new official figures from the UK Government.
Data from the Department for Business and Trade shows the number (3,062) in 2022-23, represented nearly 4% of the 79,549 jobs created by 1,654 projects across the UK. Year-on-year the new job creation in Wales was up 66% with the number of projects (47) rising 9%.
The figures count both new inward projects into the UK and expansions for foreign-owned firms already here, as well as from merger and acquisition activity. Projects in Wales safeguarded a further 948 jobs - nearly 15% of the UK total of 6,646.
