Annex A
INWARD INVESTMENT
STATISTICS
A summary of the inward investment projects,
jobs promoted, created and safeguarded, Investment and IDB assistance
for the last six years is shown in Table 1 below.
Table 1
APRIL 1993—MARCH 1999
| New | Expansion and Competitiveness
|
| Projects | 68 | 163
|
| Jobs Promoted | 10,277 |
15,133 |
| Jobs created at March 1999 | 4,533 (44%)
| 9,647 (64%) |
| Jobs Safeguarded | 334 |
13,717 |
| Total Investment (£m) | 533
| 1,664 |
| IDB Assistance (£m) | 164
| 398 |
| IDB Contribution (%) | 31 |
24 |
Note: Build up of job creations takes some two-three
years and thus only some of the jobs relating to projects in the
last couple of years will have been created by March 1999.
TARGETING SOCIAL
NEED (TSN)
Since April 1995, one of IDB's TSN targets each year has
been for 75 per cent of all first time inward investment projects
to be located in or adjacent to (ie close proximity to) TSN areas.
Performance is shown in Table 2 below.
Table 2
TARGETING SOCIAL NEED—NEW INWARD INVESTMENT PROJECTS
APRIL 1995—MARCH 1999
| TSN | Non TSN
|
| Projects | 37 (68.5%) | 17
|
| Associated Job Promotions | 6,149 (87%)
| 888 |
|
