HC Deb 13 March 1992 vol 205 cc684-7W
Mr. Forman

To ask the Secretary of State for Foreign and Commonwealth Affairs if he will list by project the amount of know-how fund grant committed to date under the two schemes to encourage the establishment of British investment operations in central and eastern Europe, the Baltic states and the former Soviet Union; and if he will make a statement.

Mrs. Chalker

So far over £3 million has been committed to 150 successful applicants under the two schemes. The first scheme provides up to 50 per cent. grant towards the cost of pre-investment feasibility studies (PIFS) into proposed British investment operations; the second scheme finances, on a pump-priming basis, the costs of providing training in management and business skills to key indigenous personnel who will run British investment operations (the training for investment personnel scheme—TIPS). There has been a good response from a wide cross-section of British industry and service sector firms and organisations and the schemes appear to be achieving their aims. Forty-nine pre-investment feasibility studies supported by the know-how fund have so far been completed; in 35 of these, applicants have decided definitely to proceed with their investment; in a further five a final decision has not yet been taken.

Information on the grant committed by project is as follows:

Pre-investmenl feasibility studies (PIFS) scheme
Proposed Investment Operation Grant Approved £
Poland
Airport terminal 41,000
Bulk liquids storage terminal 12,500
Interpreter/translation service 2,946
Poultry breeding 14,350
Fuel efficiency etc instrumentation 13,383
Coffee production 21,725
Engineering consultancy 5,097
Bulk sugar terminal 50,000
Disposable medical equipment 43,996
Business/accountancy forms 11,775
Bulk liquid storage terminal 47,500
Carpet manufacture 50,000
Printing inks manufacture 20,215

Proposed Investment Operation Grant Approved £
Business Centre 11,323
Training/consultancy for financial sector 6,656
Technology (CAD/CAM) centres 50,000
Navigation, surveying and vehicle products 35,484
Soft drinks production plant 22,325
Handbags manufacture 12,950
Joint venture with survey, mapping etc company 24,190
Non-woven material manufacture 11,970
Medical indemnity insurance joint venture 20,670
Fruit, vegetable processing plant 6,924
Environmental management consultancy 12,122
Management consultancy 4,925
Mining equipment manufacture 24,690
Hungary
Gas-fired generation plant 15,000
Bed manufacture 8,244
Poultry breeding 10,740
Rack shelving 23,815
Technology transfer/development 25,000
Project consultancy 9,736
Business centre/consultancy 10,500
Business intelligence service 9,500
Water/environmental engineering consultancy 13,010
Alcoholic beverages 50,000
Management training 6,676
Corrugated board manufacture 50,000
Pre-fabricated housing 8,425
Tractor manufacture 50,000
Consulting engineering/environmental consultancy 17,643
Knitwear, knitted fabric manufacture/trading 27,911
Training/consultancy for financial sector 5,625
Timber building system manufacture 9,031
Water control, monitoring equipment joint venture 3,348
Financial advisory service 1,400
Pig breeding 21,210
Leisure/learning project 50,000
Funeral services joint venture 27,611
Czechoslovakia
Architectural practice 19,395
Castings 20,393
Warm air ducting 2,260
Coal tip washing 6,631
Clothing manufacture 14,992
Quarrying 50,000
Plasterboard manufacture 50,000
Software development 41,737
Hotel 50,000
Business centre 11,088
Electronic and technology training equipment 4,061
Copper smelting 50,000
Investment castings foundry 23,842
Hand tools manufacture 26,542
Deer breeding 7,654
Diesel engines manufacture 50,000
Historic residential property restoration/development 13,126
Electronic components manufacture 50,000
Mining venture 32,986
Dolomite etc. mining 15,435
Chemical manufacture 50,000
Clay production 47,954
Commercial TV channel consortium 40,037
Motor industry research and development etc. joint venture 40,603
Clay production 21,508
Bulgaria
Industrial training joint venture 29,035
Technical training joint venture 3,945
Waste oil reclamation plant 47,625
Consultancy joint venture with institute 6,167
Ski resort development 46,553
Electronic products (civil markets) 36,800
Healthcare company 33,125
Offshore exploration support facility 2,750

Proposed Investment Operation Grant Approved £
Romania
Mushroom farming 2,950
Diesel engines manufacture 50,000
Plant hire joint venture 20,413
Russia
Oil/gas industry training centre 18,049
Small business development 50,000
Advertising/marketing etc. consultancy 34,726
Mining industry software 6,467
Dairy food processing equipment manufacture 10,162
Vehicles manufacture 18,385
Vehicles joint venture 22,019
Food processing joint venture 27,354
Agricultural spray equipment etc. joint venture 10,289
Bakery operation 33,857
Ukraine
Coal washing plant 31,477
Bakery operation 32,743
Kazakhstan
Poultry breeding 14,264
Mining project 50,000

Training for investment personnel scheme (TIPS)
Investment operation Grant approved £
Poland
Bulk packaging manufacture 6,050
Language/business skills training 8,420
Boiler manufacture 8,644
Consulting engineers practice 8,900
Management training school 25,642
Open learning centres 50,000
Dental products manufacture 8,966
Property/asset valuation, consultancy 4,139
Pharmaceutical products 50,000
Business computer systems 25,921
Hungary
Management consultancy 33,264
Water and effluent consultancy 18,922
Marble quarrying 28,276
Pallet racking/shelving manufacture 22,862
Quantity surveying 23,961
Printing business 12,388
Bed manufacture 24,120
English language training 14,185
Sewing thread manufacture 26,424
Business centre/consultancy 29,205
Property development 7,165
Risk assessment consultancy 17,480
Bar code systems 5,835
Management consultancy 12,269
Shopping complex joint venture 8,500
Medical indemnity insurance operations 16,205
Czechoslovakia
Machine tool manufacture 1,646
Warm air ducting 4,000
Business consultancy 7,550
Property consultants/chartered surveyors 28,839
Management/engineering consultancy 23,900
Mechanical seals manufacture 50,000
Building and construction joint venture 10,916
Bar code systems 4,690
Pipe and cable locating equipment 14,434
Mineral water bottling plant 8,104
Plant and tool hire joint venture 40,000
Investment castings foundry 45,234
Investment consultancy 9,376

Investment operation Grant approved £
Bulgaria
CAD/CAM sytems 11,863
Romania
Mushroom farming 27,380
Estonia
Retail fabric shop 15,600
Russia
Machinery design and manufacture 30,610
Fuel filtration systems manufacture 23,984
Supermarket bakery 22,311
Bar code systems 8,345
Design, management services consultancy 30,312
Home study language training joint venture 15,523
Tourism joint ventures 24,776
Ukraine
Tampon manufacture 29,064
Ex-German Democratic Republic(approved before unification in October 1990) Consulting engineers practice 20,265

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