HC Deb 26 October 2000 vol 355 c155W
Mr. Redwood

To ask the Secretary of State for Trade and Industry if he has obtained EU approval for Government funding to Nissan. [134979]

Mr. Alan Johnson

Notification of an RSA grant to Nissan to secure the Micra project has been made to the European Commission and a response is awaited.

Mr. Redwood

To ask the Secretary of State for Trade and Industry on what terms he offered Nissan –40 million of Government aid; and when he plans to pay Nissan such grant. [134976]

Mr. Alan Johnson

An offer of RSA has been made to Nissan in an effort to ensure the Micra project for its Sunderland plant. The offer was made subject to European Commission approval under the Motor Vehicle State Aid Framework.

If the Commission approves the offer and Nissan decide to locate the Micra project in Sunderland, payments will be made when agreed capital expenditure and job targets are met.