§ Mr. Sproat
asked the Secretary of State for Scotland what latest and approximate estimate he has made for a 12-month period of the value of investment made abroad by companies whose headquarters are in Scotland and the value of investment made by companies in Scotland whose headquarters are abroad.
§ Mr. Alexander Fletcher
In 1977, the latest year for which information is available, net capital expenditure in Scotland by overseas manufacturing enterprises was £81.7m, 16.6 per cent. of the Scottish total. Estimates for other industries and of the value of investment made abroad by companies whose headquarters are in Scotland are not available.