§ 76. Mr. Buchananasked the Secretary of State for Trade and Industry what was the total value of British industrial investment in the developing countries in each of the years 1966 to 1970.
§ Mr. RidleyFollowing are the figures for the net flow of private direct investment to developing countries from 1966 to 1970 (excluding oil). Reinvested profits are included. About two-thirds of net investment is in industry and commerce, and about one-third in agriculture, transport and finance.
14W
£ million 1966 61 1967 63 1968 91 1969 147 1970 131* * Preliminary estimate. No account is taken of loans raised by financial subsidiaries registered in developing countries for the use of their British parent companies.