§ Mr. Gouldasked the Secretary of State for Trade and Industry whether he will publish in the Official Report a table showing annual flows of inward direct investment in manufacturing corresponding to table 3 of the annex to his Department's memorandum dated December 1982 to the Select Committee of the House of Lords on the European Communities.
§ Mr. TrippierInformation on the annual inflow of overseas direct investment, excluding oil, into United Kingdom manufacturing industries from 1965 to 1981 at current prices is as follows:
451W
1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 Rest of World -8 6 10 — — 4 19 20 121 174 56 44 37 6 122 227 Total 197 196 170 274 322 363 450 408 734 854 615 799 1,326 1,292 *2,066 *2,327 Percentage Share of World Total Western Europe 14 13 42 20 16 22 15 22 24 23 34 32 33 34 25 17 EC† 7 6 31 9 11 17 9 11 15 9 16 22 20 24 13 7 Other Western Europe 6 7 11 10 6 6 6 12 8 14 19 10 13 10 12 10 United States of America 77 79 55 76 64 62 64 66 54 48 50 69 48 62 60 61 Other developed countries‡ 14 5 -3 5 20 14 18 7 6 9 6 -6 16 3 9 12 Rest of World -4 3 6 — — 1 4 5 17 20 9 6 3 — 6 10 Total 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 * Includes adjustments for large loans borrowed in 1979 by United States investors from their United Kingdom subsidiaries and repaid in 1980. Sum of individual figures may not equal total due to rounding. † Eight members of EC; includes Irish Republic and Denmark in all years. ‡ Canada, Australia, New Zealand, Japan and South Africa. Source:
Department of Trade's Overseas Transactions Inquiry.