Edwina Hart: Wales 'must spend Euro cash better'
14 June 2013 Last updated at 20:35 BST
Economy Minister Edwina Hart wants Wales to have better results from spending European funds.
Ms Hart says Wales has received about £3.5bn to boost the economy since devolution.
In future, she wants to see more involvement from the private sector and fewer "pet projects".
BBC Wales Economics correspondent Sarah Dickins accompanied her on a visit to Sony near Bridgend.
The minister gave some insight into her views on where Wales is headed.
This report is part of the BBC Wales' series What's Wales Worth?