asked the Minister for Industry, Trade, Commerce and Tourism the amount and nature of IDA grants paid to foreign industrialists in 1983.
Written Answers. - Grants to Foreign Industrialists.
341.
I am informed by the Industrial Development Authority that the following grants were paid to foreign companies in 1983:
|
Capital Grants |
£39,796,000 |
|
Grants on Leased Fixed Assets |
£14,123,000 |
|
Training Grants |
£11,757,000 |
|
Other Incentives |
£10,137,000 |
|
Total |
£75,813,000 |
"Other incentives" include rent reduction grants, interest subsidies, equity participation, research and development grants, employment grants and feasibility study grants. The figures do not include costs to the State arising out of tax based lending. The above figures may be subject to revision as auditing has not yet been completed.