§ Mr. MorganTo ask the Secretary of State for Wales, pursuant to his oral answer to the hon. Member for Torfaen (Mr. Murphy) of 25 April,Official Report, column 4, what proportion of the 400 jobs corresponding to the £10 million new investment at TRW Steering Systems will be (a) new and (b) safeguarded.
§ Mr. Redwood[holding answer 29 April 1994]: The TRW steering systems project will safeguard 414 jobs in Resolven Neath. The investment itself will be a boost for local employers who supply and service the company.
§ Mr. MorganTo ask the Secretary of State for Wales, pursuant to his oral answer to the hon. Member for Castle Point (Dr. Spink) of 25 April,Official Report, column 4, (1) what proportion of the 14,000 jobs generated by inward investment arise from firms that are new to Wales; and how many are (a) new or (b) safeguarded;
(2) if he will break down the totals for inward investment from (a) the rest of the United Kingdom, (b) northern America, (c) the far east and (d) rest of Europe as to (i) new and (ii) safeguarded jobs.
§ Mr. Redwood[holding answer 29 April 1994]: The information requested is as follows: 431W
New Jobs Safeguarded Jobs United Kingdom 4,207 3,348 North America 560 1,610 Far East 2,342 241 Rest of Europe 972 657 Total 8,081 5,856 Information on whether companies are new to Wales is not collected centrally. However, of the total jobs recorded in 1993–94, 27 per cent. related to new projects as opposed to expansions, acquisitions and joint ventures.
The figures are based on information given by the relevant companies at the time of their decision to invest and take no account of subsequent developments.