§ Mr. Hamlingasked the Chancellor of the Exchequer whether he will make a statement showing figures for investment in countries of the sterling area for each of the years 1963 to 1965, inclusive, showing the total amount for each country and the specific forms which investment took.
§ Mr. MacDermotSeparate figures cannot be provided for private investment in every country but they are given (net of disinvestment) for the main countries in the table below. Figures for 1965 are not yet available.
OUTWARD PRIVATE INVESTMENT IN THE OVERSEAS STERLING AREA (− = net disinvestment) 1963 1964 Australia 102 77 South Africa 2 18 New Zealand 4 16 Irish Republic 14 9 India 13 17 Pakistan 1 7 Malaysia 11 4 Africa (excluding South Africa) 13 12 Other 11 30 Total 165 190 This outflow was made up by type as follows:
Direct 144 160 Portfolio −4 −18 Oil and Miscellaneous 25 48 Total 165 190 More detailed information on direct investment in the overseas sterling area for 1963 may be found in the Board of Trade Journal of 2nd April, 1965.