§ Mr. SarwarTo ask the Secretary of State for Scotland if he will list the overseas companies by sector which located business in Glasgow in(a) 1997 and (b) 1998 and the total number of jobs created in each category as a result. [80007]
§ Mr. DewarAll our dealings with inward investors are undertaken on a commercially confidential basis and it would not therefore be appropriate to publish details of individual projects except in cases where details of the project have been announced by the company itself.
The following table contains details of the inward investment projects attracted to Glasgow in 1997 and 1998 where the company in question is overseas-owned and where the project has been the subject of a public announcement.
Company Jobs announced Sector 1997 Clintrials Research Ltd. (USA) 240 Healthcare Eaton Ltd. (USA) 100 Services 1998 TeleTech Europe Ltd. (USA) 500 Services Cable and Wireless Communications (USA) 400 Services Yoshitomi Pharmaceutical Ind. (Japan) 12 Healthcare Tasco Europe Ltd. (Netherlands) 400 Services FirstTel Systems Corporation (USA) 50 Software Note:
The job figures are based on information provided by the companies concerned at the time of the investment decision and take no account of subsequent developments
200WIn addition, there were a further 3 projects by overseas-owned companies which were not publicly announced. These projects involved the planned creation of over 20 new jobs and the safeguarding of over 500 existing jobs.
There has also been a significant level of inward investment in Glasgow by companies based in other parts of the UK.
The figures for total inward investment in Glasgow—both by overseas-owned and UK-owned companies—show that, in 1997 and 1998, the city has attracted 22 projects involving the planned creation or safeguarding of nearly 4,000 jobs.
As from 1 July 1999, this will be a matter for the Scottish Parliament.