§ 42. Mr. Spearingasked the Secretary of State for the Environment what steps he has taken to evaluate the impact of the Canary wharf development in the London enterprise zone on the social and economic life of east London and its strategic significance for Greater London.
§ Sir George YoungNone, but the London Docklands Development Corporation is currently considering the economic and social implications of the scheme.
§ 54. Mr. Mikardoasked the Secretary of State for the Environment what assessment he has made of the claims 263W of the sponsors of the Canary wharf project in respect of the number of jobs which the project will create; and how many of these jobs are likely to go to local people.
§ Sir George YoungMy right hon. Friend has made no such assessment, but the London Docklands Development Corporation is currently examining the employment implications of the scheme with the prospective developers.
§ Mr. Mikardoasked the Secretary of State for the Environment what are the costs and results of any feasibility studies by the London Docklands Development Corporation for the development of Canary wharf.
§ Sir George YoungThe London Docklands Development Corporation has allocated £300,000 for a range of feasibility studies into proposals for the development of Canary wharf. It is not yet possible, however, to estimate the total cost of this work because the contribution of the interested bodies with whom the corporation is having discussions may expand the scope of these studies.