§ Mr. RedwoodTo ask the Secretary of State for Trade and Industry if he has obtained EU approval for Government funding to Nissan. [134979]
§ Mr. Alan JohnsonNotification of an RSA grant to Nissan to secure the Micra project has been made to the European Commission and a response is awaited.
§ Mr. RedwoodTo 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 JohnsonAn 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.