§ 89. Mr. Willeyasked the President of the Board of Trade whether he will state, for the 12 months ended 31st March 1962, in respect of development districts in the counties of Northumberland, Durham and the North Riding of Yorkshire, the number of factories provided for rent or sale giving the area cost and estimated employment, the number of building grants giving the amount, the average grant in relation to the estimated cost and the estimated employment, the figure of capital outlay per job created by the assistance given under the Local Employment Act, and the number of industrial development certificates applied for and granted, giving the area and estimated additional employment.
§ Mr. D. PriceApproval was given in the period for the building of 14 factories or extensions by the Board of Trade with a total area of nearly 363,000 sq. ft., at an estimated cost of over £1,220,000 to provide 3,200 jobs; five building grants averaging 132 per cent. of total building costs were offered to provide 160 jobs. The capital outlay per job created by assistance under Sections 2, 3 and 4 of the Local Employment Act was £450. Industrial development certificates were issued for 41 projects with a total area of just under 1.2 million sq. ft. and an estimated employment of nearly 5,000.