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Capital Grant Scheme

Volume 128: debated on Thursday 25 February 1988

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To ask the Secretary of State for Northern Ireland what will be the effect of the abolition of the standard capital grant scheme on the amount of money available for industrial development in Northern Ireland; and if he will make a statement.

There will be no diminution in the priority given to measures which will further strengthen the Northern Ireland economy. Resources will continue to be made available as necessary for the Industrial Development Board and the local enterprise development unit to deal with any soundly based project that could not proceed without Government support.