§ Mr. McTaggartAsked the Secretary of State for Scotland what measures his Department is implementing to increase industrial investment in Glasgow.
§ Mr. Alexander FletcherAssistance is available to companies in assisted areas under the Industry Act to encourage investment and improve employment prospects. Glasgow is part of a designated special development area which attracts the most generous Government assistance. The schemes available to encourage innovation projects and exports are available in Glasgow and elsewhere.
The recent introduction of a new scheme financed from the European regional development fund to provide a range of incentives to small and medium sized enterprises in Strathclyde will further assist.
On 28 June 1982 I launched an industrial development drive in Glasgow to promote the full package of investment, innovation and exports assistance available to Scottish companies. My Department has planned a programme of seminars throughout Scotland starting in Glasgow on 6 September to which companies have been invited. An attractive new range of literature has been produced and is being sent out to the invited companies.