Just 20 for­eign busi­nesses in Perthshire

Perthshire Advertiser - - FRONT PAGE - Dou­glas Dickie

Only 0.3 per cent of busi­nesses in Perth and Kin­ross are owned by for­eign com­pa­nies.

Out of 6135 busi­nesses in the re­gion, only 20 are not reg­is­tered with com­pa­nies from the UK.

Of that 20, 10 are from the EU with a fur­ther 10 from else­where in the world.

That means just one busi­ness in ev­ery 307 set­ting up in the re­gion are for­eign owned.

The fig­ures re­late to en­ter­prises, which can be thought of as the over­all busi­ness - they do not in­clude lo­cal sites such as fac­to­ries or shops that are as­so­ci­ated with an en­ter­prise.

In com­par­i­son, one in ev­ery 32 busi­nesses based in Aberdeen are owned by for­eign com­pa­nies, or 275 in to­tal.

At the other end of the spec­trum, six coun­cil au­thor­i­ties have no for­eign-owned en­ter­prises within their borders - Clack­man­nan­shire, East Dun­bar­ton­shire, East Ren­frew­shire, Na h-Eileanan Siar, Orkney Is­lands and Shet­land Is­lands.

Across Scot­land just over 1200 busi­nesses, or one in ev­ery 143, are for­eign owned, with 550 com­ing from the EU. A re­cent sur­vey from the Char­tered In­sti­tute of Pro­cure­ment and Sup­ply re­vealed that one in seven busi­nesses from EU coun­tries with a pres­ence in Britain has al­ready moved parts of their busi­ness out of the coun­try be­cause of con­cerns about dis­rup­tion af­ter Brexit.

Perth and North Perthshire MP Pete Wishart said he was“alarmed”at the fig­ures. He added:“Whilst last year was a record year for For­eign Di­rect In­vest­ment (FDI) in Scot­land, there is only so much the Scot­tish Gov­ern­ment can do to pro­mote Scot­land as a des­ti­na­tion to do busi­ness in whilst the gov­ern­ment in Lon­don seem in­tent on pulling up the draw­bridge.

“This will in­evitably have an im­pact on busi­nesses in my con­stituency and I am in con­stant di­a­logue with lo­cal busi­ness sec­tors about their con­cerns.”

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