More Welsh firms are winning significant public sector contracts thanks to the simplification of procurement functions and practices

The finance minister Jane Hutt revealed that Welsh contractors are now securing three quarters of all available major construction awards made available on the Welsh online procurement portal.

The online procurement portal known as ‘sell2wales’ has so far driven savings of £130 million over the last five years from increased efficiency, according to the finance minister.

Ms Hutt said: “Through collective effort, clear goals and strong leadership, procurement is being transformed from a ‘function’ to a strategic, intelligent lever which can have a positive and lasting impact on jobs, economic growth and the lives of people across Wales.”