HC Deb 26 March 1984 vol 57 c6W
Mr. Adley

asked the Secretary of State for Trade and Industry if he will examine the funds to job ratio of the Nissan project vis-a-vis urban development grant projects; and if he will make a statement.

Mr. Butcher

If Nissan proceed to the second phase of its two-phase project, the total payable in regional development grants and selective financial assistance is estimated at up to £88 million if the project is in a development area, and up to £112 million if the project is in a special development area. This would be for a plant employing directly around 2,700 people, but capable of generating considerable further employment. So far as the funds to jobs ratios of urban development grant projects are concerned, I refer my hon. Friend to the answer given by my hon. Friend the Under-Secretary of State for the Environment on 10 February in column813.