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English Industrial Estates Corporation

Volume 24: debated on Wednesday 26 May 1982

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asked the Secretary of State for Industry whether he has approved any plans by the English Industrial Estates Corporation for further public investment in the assisted areas of England over the next year.

I have approved provisional proposals by the chairman of the English Industrial Estates Corporation for further industrial and commercial developments in the assisted areas of England using the £34·3 million that the Government have agreed to make available to the corporation in the current financial year. The corporation will, as before, be required to make every effort to reduce the net costs of this programme to the Exchequer by selling off existing assets at current market values and placing the proceeds in the Consolidated Fund.This level of finance will be equivalent to 159,000 square metres of factory space which could provide places of work for about 4,000 workers. The sum includes £4·6 million which is part of the £19 million special allocation for steel closure areas which was announced on 19 June 1980; but it does not include any private sector investment of which £30 million has been promised so far with £11·5 million spent to date, and any further sums which the English Industrial Estates Corporation may attract.The provisional allocations of resources are as follows:

English Industrial Estates Corporation 1982–83 planned resources allocation
Region and TTWA£'000Notional equivalent area of factory floor-space m2
North West
Wigan9694,500
Liverpool6,67431,000
Birkenhead2,36811,000
St. Helens6463,000
Southport3231,500
Widnes8614,000
Blackpool2151,000
Lancaster108500
Whitehaven2151,000
Workington5382,500
Total North West12,91760,000

Region and TTWA

£'000

Notional equivalent area of factory floor-space m2

North East

Morpeth2151,000
North Tyne4302,000
South Tyne1,7228,000
Wearside1,7228,000
Teeside3,01414,000
Consett*2,76012,800
Hartlepool8614,000
Darlington/SW Durham2151,000
Central Durham108500
Total North East11,04751,300

Yorkshire and Humberside

Scarborough108500
Whitby108500
Bridlington108500
Scunthorpe*1,8408,550
Goole108500
Grimsby2151,000
Hull1,2926,000
Barnsley4312,000
Doncaster9694,500
Maltby108500
Mexborough6463,000
Rotherham7533,500
Bradford1,0765,000
Total Yorkshire and Humberside7,76236,050

South West

Liskeard108500
Redruth108500
Falmouth2151,000
Helston2151,000
Launceston108500
Newquay108500
Penzance108500
Plymouth8614,000
Torbay3221,500
Ilfracombe108500
Total South West2,26110,500

East Midlands

Gainsborough108500
Mablethorpe108500
Skegness108500
Total East Midlands3241,500
Grand total all regions34,311159,350

* Steel closure areas.

Detailed announcements about specific projects will be made by the corporation as appropriate.