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Investment

Volume 893: debated on Monday 16 June 1975

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asked the Secretary of State for Trade what was the value of direct investment by non-EEC countries

NET DIRECT INVESTMENT* IN THE UNITED KINGDOM BY NON-EEC† COUNTRIES
£ million
1970197119721973
Food, drink and tobacco11·443·535·369·8
Chemical and allied industries29·953·643·144·4
Metal manufacture21·621·0-28·37·6
Mechanical engineering and instrument engineering91·550·417·0117·5
Electrical engineering30·965·151·854·2
Motor vehicle manufacture11·545·832·147·1
Textiles, leather, clothing and footwear4·72·52·3-6·7
Paper, printing and publishing5·915·04·426·6
Rubber5·44·712·81·3
Other manufacture23·213·424·231·4
Distribution29·729·151·281·7
Other activities37·666·0100·7101·6
Total303·4‡409·9‡346·5‡576·6‡
* Excluding oil and insurance.
† "EEC" means the original six member States in 1970, 1971 and 1972; the other eight member States in 1973.
‡ Components do not necessarily add to totals because each figure has been rounded independently.

asked the Secretary of State for Trade what was the value of direct investment by EEC and non-EEC countries, respectively, in Wales during each of the last four years; what were the industrial sectors in which this investment took place, in each year; and what was the value of the investment in each sector.

I regret that it is not possible to provide this information. Inward direct investment covers a wide range of financial transactions between overseas companies and the accounting centres of their United Kingdom operations, and it is not possible to allocate such transactions to their individual operating units in different areas of the United Kingdom.