§ Mr. Barry JonesTo ask the Secretary of State for Wales (1) what are the estimates of(a) deadweight and (b) displacement with respect to the valleys initiative estimate of 25,000 to 30,000 jobs; and if he will make a statement;
(2) how many of the new jobs created in the valleys initiative area have been forthcoming from grants made since the initiative was launched;
(3) what proportion of the estimated 25,000 to 30,000 jobs to be created by the valleys initiative will be (i) full-time and (ii) part-time;
(4) what is the estimated full-time equivalent number of jobs to be created by the valleys initiative.
§ Mr. Peter WalkerI indicated in the document "The Valleys: A Programme for the People" that on past experience Government commitments of regional development grant and regional selective assistance on the scale anticipated for the three years of the valleys programme would be likely to create between 25,000 and 30,000 full-time equivalent jobs. This would involve a large number of projects spread over a wide area and it is not practicable to provide estimates of deadweight and displacement. However, it is not anticipated that the deadweight and displacement elements would be very great.
During the nine months to 31g March 1989 offers of RDG and RSA assistance have been made to 310 projects in the valleys involving the forecast creation of over 7,000 full-time equivalent jobs.
New jobs will also be created with the aid of grants and investment under other headings.