§ Mr. Nobleasked the Secretary of State for Industry how many requests for finance have been received by his Department in its capacity as intermediary for the European Investment Bank, from each assisted area; and how many have been approved for each assisted area.
§ Mr. Les Huckfield:The information is as follows:
Application received Approved by Department and EIB Northern region 27 12 North-West 7 3 South-West 8 3 Yorkshire and Humberside 8 — In addition, the Scottish Economic Planing Department and Welsh Office Industry Department have had the following applications:
Applications received Approved by Applications Department received and EIB SEPD … … 14 5 WOID … … 28 9 The majority of cases not yet approved are under consideration by the Departments concerned or the Bank.
§ Mr. Nobleasked the Secretary of State for Industry what is the total amount of finance approved by his Department in its capacity as intermediary for the European Investment Bank; and what is the total approved in each assisted area.
§ Mr. Les Huckfield:Loans totalling £11,689,000 have so far been approved by my Department and the European Investment Bank under the agency scheme 243W introduced on 1st January 1978. Of this total, loans for projects in the Northern region amount to £9,712,000, those in the North-West region to £1,085,000 and those in the South-West region to £892,000. In addition, the Scottish Economic Planning Department has arranged loans totalling £4,295,000 and the Welsh Office Industry Department loans totalling £2,980,000. The total of loans approved under this scheme for projects in Great Britain therefore amounts to £18,964,000.