33. Mr. Edward Taylorasked the Secretary of State for Trade and Industry if he will make a further statement on the position of the shipyards in Upper Clyde.
§ Mr. John DaviesI am taking the action outlined in my statement to the House on 20th October. I will make a further statement when the progress of negotiations justifies so doing.—[Vol. 823, c. 724–36.]
Mr. TaylorI thank my right hon. Friend for all that has been done, which makes sure that the picture is much brighter than it was some time ago. Can he indicate when the proposed Govan Shipbuilders will be finally established, and can he assure us that, when it is, the full facilities of the Shipbuilding Credit Scheme will be available to it?
§ Mr. DaviesGovan Shipbuilders Limited are hoping, as I have mentioned before, to submit a full project to me before the end of the year, supported by the work undertaken by the consultants both of themselves and for the Government. If that project justifies the kind of support I have intimated as being available, there is no doubt that they would qualify for shipbuilding credit provision.