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Industrial Investment

Volume 308: debated on Tuesday 17 March 1998

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Mr. Peter Robinson: To ask the Secretary of State for Northern Ireland if she will make a statement on the (a) level of financial investment and (b) number of jobs created by (1) LEDU and (2) the Industrial Development Board for Northern Ireland within (i) North, (ii) South, (iii) East and (iv) West Belfast for the period 1987 to 1997. [34320]

Available information is listed in the tables. Details on jobs created by LEDU are not available by Parliamentary Constituency.

Table A: Industrial development board (IDB)

£000

Belfast constituency

87/88

88/89

89/90

90/91

91/92

92/93

93/94

94/95

95/96

96/97

Jobs safeguardedNorth4633537203225
South952152575100626126
East3581614916123026168656
West3126402935403607213583024770

1The figures provided for IDB financial assistance relate only to Selective Financial Assistance (SFA).

2IDB figures refer to jobs promoted, not created.

Table B: "Financial Investment" by LEDU

£million

Belfast constituency

Financial commitment (1 April 1988–1 December 1997)

North18.9
South17.7
East11.8
West12.4

Notes:

Above figures relate to direct assistance to companies. They include funding made available under the Making Belfast Work (MBW) Programme and the Special Support Programme for Peace and Reconciliation (SSPPR).

Information on investment prior to 1 April 1998 is not readily available in this format.

To ask the Secretary of State for Northern Ireland if she will list (a) the level of financial investment and (b) the number of jobs created by LEDU within Northern Ireland for the years 1987 to 1997. [34324]

The expenditure figures as outlined below represent LEDU expenditure on its main programmes of support as well as expenditure incurred through the Making Belfast Work and Making Londonderry Work schemes. This financial assistance is paid out both directly to clients and indirectly through third parties providing assistance to small businesses on LEDU's behalf.

£ million
YearExpenditure
1987–8818.0
1988–8926.6
1989–9028.6
1990–9125.9
1991–9226.2
1992–9323.3
1993–9422.7
1994–9524.9
1995–9624.1
1996–9723.7
Prior to 1990–91 the principle measure of LEDU performance was job promotions—jobs promised by client companies in return for financial assistance. The job promotion figures for 1987–88 to 1990–91 are as follows:
YearJobs promoted
1987–884,047
1988–894,395
1989–905,221
1990–915,501

Since 1991–92 actual net employment change within all LEDU client companies has become the principle measure of LEDU performance. Net employment change for the years 1991–92 to 1996–97 are as follows:

Year

Net employment change

1991–92-650
1992–93730
1993–941,630
1994–953,500
1995–963,060
1996–973,525