Pinewood Studios Wales set to open in Cardiff
17 February 2014 Last updated at 15:13 GMT
The film company Pinewood is to set up a new studio in Cardiff and generate an estimated £90m for the economy.
Pinewood Studios Wales will be based at the former Energy Centre building in Wentloog and will form part of the company's global network.
The deal was announced by First Minister Carwyn Jones.
BBC Wales spoke to Economy Minister Edwina Hart and Pinewood Shepperton chief executive Ivan Dunleavy.