Wales is to host an international investment summit next year, the First Minister has confirmed.. Eluned Morgan said the event will be organised by her government with Wales being pitched to attendee business executives and investors as an investment location.
It is expected to be staged towards the end of the year with the First Minister hoping it will facilitate new investment and job creation projects into Wales. A decision on where it will be held has yet to be made.
Ms Morgan said: "I am really pleased to announce next year鈥檚 summit, which will showcase Wales to global industry leaders and potential investors, highlighting the many opportunities and our strengths in key industries here in Wales.
鈥淓conomic growth is a top priority for me and the Welsh Government will do what it can to support Welsh business and help attract even more investors into Wales. We鈥檝e seen many exciting announcements in recent months, creating hundreds of jobs, and it鈥檚 vital we keep that momentum going next year.鈥
Katie Spackman, associate director, CBI Wales, welcomed the announcement, saying: 鈥淒elivering the Welsh Government鈥檚 mission to grow the economy will come squarely off the back of the private sector. From an outstanding geographical location for green growth to its strength in depth in manufacturing, finance and tourism, Wales is a highly attractive destination for global investors. The summit will be an important opportunity to put Wales on the map for international companies and harness the power of business to boost sustainable growth."
After being elected in the summer, the 海角视频 Labour Government staged its own international investment summit in October, attended by representatives of some of the world鈥檚 biggest companies and fund managers. The event in London was also attended by the First Minister, although an invitation was not extended to the world鈥檚 rich man Elon Musk following his social media posts commenting on civil unrest in the 海角视频 and Prime Minister Sir Keir Starmer.
The founder of Telsa and owner of social media platform X is now positioned to play a pivotal role in Donald Trump鈥檚 new administration, including seeking to reduce government spending and driving efficiency savings.