HC Deb 07 March 1978 vol 945 cc568-70W
52. Mr. Clemitson

asked the Minister of Overseas Development what inquiries she has made of the Commonwealth Development Corporation about the working conditions of persons employed by companies in which the Corporation has an interest.

Mrs. Hart

The CDC appreciates the importance of proper working conditions. For this reason, it has since 1964 had an industrial relations adviser on its staff. He gives particular attention to projects in whose management the CDC itself is involved.

Mr. Clemitson

asked the Minister of Overseas Development if she will list the current investments of the Commonwealth Development Corporation in Hong Kong, Malaysia, Singapore, Indonesia, Thailand and Papua New Guinea, respectively.

Mrs. Hart

The list, as at the end of February 1978, is:

Hong Kong £
Hong Kong Building & Loan Agency Ltd 348,000
Modern Terminals Ltd (deep water container terminals) 2,000,000
2,348,000
Malaysia
BAL Estates (oil palm, cocoa, rubber) 2,288,000
Borneo Development Corporation (real estate) 600,000
Borneo Housing Mortgage Finance 371,000
Electra House (electricity supply) 35,000
Kuching Water Board 285,000
Mostyn Estate (oil palm) 1,338,000
Sarawak Electricity Supply Corporation 633,000
Sarawak Oil Palms 6,557,000
Darabif (beef cattle) 950,000
Gula Padang Terap (sugar) 5,000,000
Kulai Oil Palm Estate 193,000
National Electricity Board 10,986,000
Malaysia Building Society 1,698,000
Malaysian Industrial Development Finance 567,000
31,501,000
Singapore
Development Bank of Singapore Ltd 233 000
Jurong Town Corporation 750,000
Ocean Properties (office and commercial complex) 2,606,000
Public Utilities Board (water supply) 3,445,000
Sembawang Holdings Ltd (dry dock/ship repairing) 2,500,000
Singapore Factory Development Ltd 509,000
Singapura Building Society Ltd 1,678,000
11,721,000
Indonesia
Guinness Indonesia (brewery) 60,000
Jaykay Files Indonesia (engineers' files) 197,000
Kewalram Indonesia (spinning mill) 1,184,000
Merpati Nusantara Airlines 410,000
Mirtasari Hotel Development Corporation 440,000
Sumawa Battery Co 18,000
Tatar Anyar Indonesia (tea and rubber) 126,000
Tubantia Kudus Spinning Mills 942,000
Wavin Duta Jaya (plastic pipes and fittings) 257,000
3,634,000
Thailand
Nava Nakorn Co Ltd (new town development) 1,374,000
Siam Hotel Syndicate Ltd 720,000
Thai Factory Development Co Ltd 250,000
Thailand Housing Finance Co Ltd 2,297,000
Thailand Rubber Replanting 523,000
5,164,000
Papua New Guinea
Higaturu Oil Palms Ltd 858,000
Higaturu Processing Ltd (oil palm) 897,000
1,755,000
Total £56,123,000

Full details of their investments are contained in the CDC's annual reports available in the Library of the House.

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