Pinewood to set up new film studio in Cardiff
17 February 2014 Last updated at 19:03 GMT
The film company Pinewood is to set up a new studio in Cardiff.
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 on Monday by First Minister Carwyn Jones and Pinewood Shepperton chief executive Ivan Dunleavy.
The Welsh government hopes the 180,000 sq ft complex will generate an estimated £90m for the economy.
BBC Wales arts correspondent Huw Thomas reports.