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Volume 934: debated on Monday 27 June 1977

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asked the Secretary of State for Industry what advantages he estimates will be available to industry for bringing forward any of the 130 major chemical projects which are currently being appraised; and if he will list the grants and type of financial assistance available to industry which take advantage of the Government proposals.

The chemical industry is eligible for regional financial incentives, including regional development grants and selective financial assistance under Section 7 of the Industry Act 1972.Companies in the industry may also apply for assistance under Section 8 through the Selective Investment Scheme towards major new investments. The 130 applications received under this scheme to date cover a wide spectrum of manufacturing industry.