Mr. Jenkinsasked the Financial Secretary to the Treasury whether he can state the number of new factories established in South Wales and Monmouthshire, and financed either wholly or in part by the Special Areas Reconstruction Association; and also the total amount of capital advanced in connection with the establishment of those factories?
§ Lieut.-Colonel ColvilleIt would be misleading to measure the work of the Special Areas Reconstruction Association by reference to the number of new factories established with its assistance, since the association is able also to make loans to existing concerns or to new concerns which will occupy existing premises. The total number of loans so far approved by the association in South Wales and Monmouthshire is 19, involving a sum of £154,150.