§ Mr. Hindasked the Secretary of State for Trade and Industry what financial support he is offering the regional development organisations in England in 1987–88 for inward investment promotion activities.
§ Mr. ChannonAs I have stated separately today in answer to my hon. Friend the Member for Tynemouth (Mr. Trotter) I have offered the Northern Development Company up to £908,000. I shall also make available up654W to £600,000 to support the approved inward investment promotion programme of the Yorkshire and Humberside development association and up to £320,000 to that of the Devon and Cornwall development bureau, on the understanding in both cases that they continue to co-ordinate such promotional work in their respective regions. In the case on INWARD Ltd, (the regional development organisation for the north-west), on condition that it is also able to carry out this co-ordination role, I am prepared to make available up to £380,000 in support of its approved inward investment promotion programme. I am also making available up to £320,000 to support the approved inward investment promotion programme of the West Midlands industrial development association, provided that it is able to raise the same level of support from contributors within its region.