§ Mr. GunnellTo ask the President of the Board of Trade how many Japanese companies have invested for the first time in the United Kingdom during the period April 1992 to the present; and what were the equivalent figures between(a) 1979 and 1983, (b) 1983 and 1987 and (c) 1987 and 1992. [7900]
§ Mr. OppenheimThere are around 228 Japanese manufacturing investments in the UK. From April 1992 to the present, 32 Japanese manufacturing companies invested in the UK for the first time. The equivalent figures in the financial years 1979 to 1983, 1983 to 1987 and 1987 to 1992 were 12, 27 and 114 respectively. The UK has succeeded in attracting around 40 per cent. of all Japanese manufacturing investment into the European Union.