§ Mr. Mylesasked the Secretary of State for Scotland (1) if he will list by country the main sources of direct foreign industrial investment in Scotland, excluding direct investment in the oil production industry;
(2) how many jobs have been created by direct foreign industrial investment in Scotland since 1973, excluding those flowing directly from the production of North Sea oil.
§ Mr. Alexander FletcherThe most relevant information available relates to the number of jobs associated with assistance under section 7 of the Industry Act 1972. Since 1 January 1973, 215 offers of assistance have been made under the Act to foreign companies located in Scotland for projects not related directly to North Sea oil production. New jobs estimated to arise from these projects number 33,963 with an additional 4,222 to be safeguarded. The main contributors by country are as follows:
Country Estimate No. of Jobs United States of America 25,702 Holland 2,408 Sweden 1,398 Japan 963 Canada 607
§ Mr. Mylesasked the Secretary of State for Scotland what has been the amount of direct net foreign industrial 107W investment in Scotland for each year since 1973 (a) including investment in the oil production industry and (b) excluding direct investment in the oil production industry.
§ Mr. Alexander FletcherInformation on direct foreign investment in Scotland is not available. But net capital expenditure of manufacturing establishments in Scotland which are part of overseas-owned enterprises is available biennially from the annual census of production. Figures for 1973, 1975 and 1977 are shown below. The oil production industry is not classified to the manufacturing sector.
Net capital expenditure of overseas-owned manufacturing establishments (Scotland) Year Million £ 1973 39.2 1975 54.1 1977 81.7