§ Mr. Rookerasked the Secretary of State for Industry what was the total assistance to industry under the accelerated projects scheme; and how this aid was distributed by industry and region.
Mr. Alan Williams,pursuant to his reply [Official Report, 12th October 1976; Vol. 917, c. 105], gave the following information:
The accelerated projects scheme was introduced in April 1975 to bring forward substantive manufacturing projects that would not otherwise take place during the recession.
137WTo date £77 million assistance has been offered on 96 projects costing £566 million; actual payments are phased in relation to progress with the project. The assistance will be to the following industrial sectors and regions:
Sector Assistance Value of Projects (£m) (£m) Chemicals 25.0 196 Petroleum 20.0 144 Mechanical engineering 13.0 69 Vehicles and vehicle components 60 45 Metal manufacture an metal goods 6.0 40 Food and drink 2.0 29 Electrical engineering 2.0 18 Other sectors 3.0 25 77.0 566
Country or Region Assistance Value of Projects (£m) (£m) Scotland 2.0 33 Wales 3.0 18 Northern 3.0 30 North-West 7.0 53 Yorkshire and Humberside 22.0 134 East Midlands 1.0 13 West Midlands 8.0 73 South-West 2.0 23 Eastern 16.0 114 London and South-Eastern 2.0 22 Other* 11.0 53 77.0 566 * Projects in more than one region.