HC Deb 14 January 1998 vol 304 cc240-1W
21. Mr. Illsley

To ask the Secretary of State for Northern Ireland what provision is made by the Industrial Development Board to monitor inward investment projects in Northern Ireland to ensure that the aims of grant aid are met. [20867]

Mr. Ingram

The implementation of all inward investment projects is monitored against key business plan targets including sales forecasts, production plan implementation, financial performance and adequacy funding. The main objectives of this monitoring process are to ensure public funds are utilised for proper purposes, that companies comply with conditions of financial assistance and that any problems are identified as early as possible so that corrective action can be taken.

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