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 | ||||
1970 | 1971 | 1972 | 1973 | |
Food, drink and tobacco | 11·4 | 43·5 | 35·3 | 69·8 |
Chemical and allied industries | 29·9 | 53·6 | 43·1 | 44·4 |
Metal manufacture | 21·6 | 21·0 | -28·3 | 7·6 |
Mechanical engineering and instrument engineering | 91·5 | 50·4 | 17·0 | 117·5 |
Electrical engineering | 30·9 | 65·1 | 51·8 | 54·2 |
Motor vehicle manufacture | 11·5 | 45·8 | 32·1 | 47·1 |
Textiles, leather, clothing and footwear | 4·7 | 2·5 | 2·3 | -6·7 |
Paper, printing and publishing | 5·9 | 15·0 | 4·4 | 26·6 |
Rubber | 5·4 | 4·7 | 12·8 | 1·3 |
Other manufacture | 23·2 | 13·4 | 24·2 | 31·4 |
Distribution | 29·7 | 29·1 | 51·2 | 81·7 |
Other activities | 37·6 | 66·0 | 100·7 | 101·6 |
Total | 303·4‡ | 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.