§ Mr. Mudd
asked the Secretary of State for Industry if he will list by size, location and cost (a) all factories constructed and (b) all land acquired for industrial purposes by his Department and the English Industrial Estates Corporation in the Falmouth-Camborne-Hayle special development area since May 1979.
§ Mr. MacGregor
The information is as follows:
Location Units Size (sq ft) 1. Falmouth Special Development Area (a) Tretoniggie Industrial Estate, Falmouth 2@ 23,278 each Parkengue, Kernick Road Industrial Estate, Penryn 1 22,873 3@ 9,817 each 10@ 500 each 10@ 1,000 each Total 26 113,880 (b Bicklan, Water Road, Falmouth 10.75 acres 2. Camborne Special Development Area (a) Druids Road, Poole Industrial Estate, Camborne 1 89,943 Wilson Way, Poole Industrial Estate, Camborne 1 48,129 1 20,609 Total 3 158,681 (b) Nil
EC aid to Cornwall Year European Regional Development Fund Grants* European Investment Bank Loans† Grants £ million Number of Projects Loans £ million Number of Projects 1980 6.8 7 Nil Nil 1981 5.1 7 7.3 5 1982 1.5 9 Nil Nil * Grants committed under the quota section of the European regional development fund in respect of approved industrial and infrastructure projects in the assisted areas. † Loans disbursed to firms investing in projects which create or safeguard employment in the assisted areas.
§ Mr. MacGregor
Some of the assistance which has been made available to industry in the Redruth travel-to-work area—which includes Camborne and Hayle—and Falmouth under the Industrial Development Act 1982—formerly the Industry Act 1972—since May 1979 is as follows:
£ million Payments of regional development grants 4.8 Section 7 grants offers of regional selective assistance 2.4 Section 8 grants offers of selective financial assistance NIL
Location Units Size (sq ft) 3. Hayle Special Developments Area (a) Guildford Road Industrial Estate 1 13,750 1 10,236 4@ 2,711 each 1 4,908 1 10,312 Total 8 50,050 (b) Nil
I have asked the corporation to supply the information on costs direct to my hon. Friend as this is not immediately available.
§ Mr. MacGregor
The following table provides, for each of the years 1980 to 1982, the number of projects in Cornwall in respect of which grants or loans have been received from the European regional development fund and the European Investment Bank, respectively, and the total amounts granted.
Detailed analyses by project of the allocations from the European regional development fund were published in "British Business" for 22 February 1980, 27 June 1980, 6 February 1981, 6 March 1981, 17 July 1981, 5 February 1982, 2 July 1982 and 14 January 1983.
Principles of commercial confidentiality preclude the disclosure of the particular projects which have benefited from European Investment.
Firms in the area can also benefit from national schemes of assistance under the Science and Technology Act 1965; and there are also many other ways in which firms could benefit, as for example under the small engineering firms investment scheme and the loan guarantee scheme. But details cannot be identified without disproportionate cost.