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Dramatic rise in foreign investment projects in Wales

There has been a 191% rise in the number of investments by foreign companies into Wales, official UK government figures have revealed.

The number of projects went up from 23 to 67 in the last financial year.

It confirms First Minister Carwyn Jones' statement in May that there had been a large increase in the number of inward investment projects.

UK ministers said the figures were a "vote of confidence in the talent, expertise and skills of our workforce".

BBC Wales' business correspondent Nick Servini reports.

  • 24 Jul 2013