Eluned Morgan said one of her first decisions as First Minister to stage the Wales Investment Summit had focused minds to get £16bn of investment projects away ahead of the event.

The summit, held at ICC Wales in Newport attracted 300 companies and investors from 32 different countries, around 60% of whom are not currently invested in Wales..

The biggest single investment is a network of new AI data centres in south Wales from US venture Vantage Data Centers. The £10bn investment will create 5,000 jobs, although the majority will be construction-related.

Other announcements include:

Vantage, which already has a data-centre campus in Cardiff, will also create new data centres at the former Ford engine plant in Bridgend and at the Welsh Government-owned Bro Tathan business park in the Va

See Full Page