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Dept of Trade and Industry

Answer

Mr. Heathcoat-Amory: To ask the Secretary of State for Trade and Industry if he will list those projects which have been allocated funding from the regional selective assistance originally offered to BMW, indicating the amount given in each case. [144824] Mr. Caborn: The following is a list of projects which have been approved by my right hon. Friend the Secretary of State for Trade and Industry and which will count against the £129 million (originally offered to BMW for investment at Longbridge) which was made available to support good quality projects in the West Midlands: £ _________________________________________________________________________________________________. Estimated costs Initial actions and administrative uplift for Advantage West 300,536 Midlands (AWM) Total 300,536 Projects arising from the Rover Taskforce interim report{ 1, 2}: Modernisation of the automotive base: Supplier Scheme 12,000,000 Extend Autolean 250,000 Extend Accelerate 1,750,000 Online learning 100,000 Promoting regional suppliers 250,000 Diversifying the economy: Attracting inward investment 500,000 Regeneration: High tech Corridor study 250,000 Support to the workforce: Publication of a redundancy booklet 35,000 Support to families and the community: Advice Support and Counselling services 270,000 Total 15,405,000 Grants offered to firms under the Regional Selective Assistance (RSA) scheme: Marconi 25,000,000 H&R Johnson 1,600,000 Total 26,000,000 Total approved against the £129 million 42,305,536 _________________________________________________________________________________________________. {1} These figures are based on the Rover Taskforce Interim Report: the supplier scheme has since been re-estimated at £8 million. {2} Further proposals based on the Rover Taskforce final report are expected to be submitted shortly.

Secondary information

Type

Written question

Reference

361 c234W; 144824

Session

2000-01

Subjects

Companies Government assistance Regional selective assistance BMW

Contains statistics

Yes

Link

View this Written question on www.publications.parliament.uk