A Plaid Cymru government would revive the Welsh Development Agency brand to attract more companies to invest in Wales, the party has announced.
Set up in 1976 as a job creation agency, it became part of the Welsh government in 2006 as part of Rhodri Morgan’s “bonfire of the quangos”.
In 2012, MPs said that decision had “reduced Wales’ visibility overseas“.
Economy spokesman Rhun ap Iorwerth said Plaid would revive the name for a new public-private partnership.
He said the WDA remained a recognised global brand, and a Plaid-run Welsh government would create a new organisation using the same branding.