Committee publication · Correspondence · 19 June 2025
Correspondence from the Chair to Professor Riccardo Crescenzi dated 8 April 2025 relating to the evidence session on 26 March as part of the inquiry into Promoting Wales for Inward Investment
From: Welsh Affairs Committee
Summary
The Welsh Affairs Committee Chair writes to Professor Riccardo Crescenzi (LSE) following his evidence to the committee's inquiry into promoting Wales for inward investment. The letter seeks further written views on AI monitoring of investment, the role of national branding, updated FDI data trends, and any additional issues he considers important for the inquiry.
Key findings
- Committee seeks clarification on how AI could improve monitoring of inward investment in Wales by the Department for Business and Trade and other UK Government departments
- Committee interested in understanding how a national 'brand Wales' strategy might influence Wales's ability to attract inward investment
- Professor Crescenzi had provided updated data from a 2018 FDI report on Wales and Scotland; committee requests a written summary of trends from this updated material
- Committee inviting any additional issues the witness considers important for the inquiry that were not covered in the evidence sessions on 19 and 26 March
Tone
ProceduralTopics
inward-investmenteconomic-developmentwalesforeign-direct-investment
Key actors
Ruth Jones MP, Professor Riccardo Crescenzi, Henry Tufnell MP, Ann Davies MP, Welsh Affairs Committee, Department for Business and Trade, London School of Economics and Political Science
Notable line
“Are there any further improvements that the Department for Business and Trade and other UK Government departments could implement to improve monitoring of inward investment in Wales?”
Key Quotes
“Thank you for providing evidence to the Welsh Affairs Committee's inquiry into Promoting Wales for Inward Investment.”
“Could you please give your thoughts as to how a national brand may influence a nation's ability to promote itself as a destination for inward investment?”
“I would be grateful if you could please provide your response in writing by Friday 25 April.”
Source · parliament.uk record ↗