Skip to main content

Foreign Investment (Scotland)

Volume 828: debated on Tuesday 21 December 1971

The text on this page has been created from Hansard archive content, it may contain typographical errors.


asked the Prime Minister if he is satisfied with the degree of co-ordination between the Department of Trade and Industry and the Scottish Office with regard to the attraction of foreign investment to Scotland.

I have been asked to reply.

Yes, Sir. There is already close coordination between all Departments concerned with the promotion of inward investment in Scotland as well as in other parts of the country.

Is the right hon. Gentleman in a position to give figures to indicate the increase in direct investment by foreign countries, particularly Germany, in Scotland in view of the extensive campaign which is being conducted by Her Majesty's Government in that European country? Are there figures available or has this campaign failed to produce direct investment from Germany, just as the Government have failed to stimulate investment from indigenous sources?

I could not give the figures without notice. I am glad that the hon. Gentleman recognises the efforts that are being made by the Government to promote investment by this means in Scotland. It is a little early to expect a visit made last month to produce new factories this month.