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European Investment Bank

Volume 889: debated on Wednesday 26 March 1975

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asked the Secretary of State for Wales if he will specify the loans and guarantees approved by the European Investment Bank for projects in Wales since 1st January 1973.

Loans have been negotiated by the BSC for developments at Llanwern—£14·7 million—and a new sinter plant at Port Talbot —£8 million. Three firms in Wales have received EIB sub-loans totalling £400,000 through Industrial and Commercial Finance Corporation Ltd.