§ Mr. ArbuthnotTo ask the Secretary of State for Trade and Industry which(a) five countries and (b) industries accounted for the greatest amount of foreign direct investment in the United Kingdom in each of the past five years. [188921]
§ Mr. Alexander[holding answer 14 September 2004]: According to figures recorded by UKTI the five countries that accounted for the greatest amount of foreign direct investment in the United Kingdom in the last five years is:
1723WS
1999–2000 2000–01 2001–02 2002–03 2003–04 1. US US US US US 2. Germany Germany Japan Canada France 3. Japan Canada Canada Germany Japan 4. Canada Japan France Japan Canada 5. France France Germany France Germany According to figures recorded by UKTI the five industries that accounted for the greatest amount of foreign direct investment in the United Kingdom in the last five years is:
1999–2000 2000–01 2001–02 2002–03 2003–04 1 IT, internet and e-commerce IT, internet and e-commerce Software Software Software 2 Automotive Software IT, internet and e-commerce IT, internet and e-commerce IT, internet and e-commerce 3 Electronics Electronics Automotive Automotive Electronics 4 Engineering Automotive Electronics Electronics Pharmaceuticals and biotechnology 5 Telecoms Telecoms Telecoms Finance Management These figures are based on information provided by companies at the time of the announcement of the decision to invest in the UK. The figures take no account of subsequent developments.
There is no requirement to notify UKTI and so the figures include only those projects where UKTI's Inward Investment Group and its regional partners were involved or which have come to their notice.
§ Mr. ArbuthnotTo ask the Secretary of State for Trade and Industry which 10 foreign companies invested the greatest amount directly in the United Kingdom in each of the past five years.[188993]
§ Mr. Alexander[holding answer 14 September 2004]Individual statistical returns companies make to the Office for National Statistics and other Government organisations for all surveys, including Foreign Direct Investment (FDI), are confidential, and therefore the information cannot be published.