A former chair of the Welsh Development Agency (WDA) claims the Welsh Government has spent more than £100m a year attracting inward investment that has produced “next to nothing”.
Sir Roger Jones OBE was addressing MPs trying to attract businesses to Wales.
He was head of the WDA when it was taken over by the Welsh Government in 2006 as part of the so-called “bonfire of the quangos”.
The Welsh Government has been asked to comment.
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