§ Mr. Bowen Wellsasked the Secretary of State for Foreign and Commonwealth Affairs if the Commonwealth Development Corporation has decided on any additional investment in the Philippines.
§ Mr. RaisonThe proposed project at Loreto, in which CDC were interested, was dependent on road access, the finance for which has not been forthcoming. CDC is therefore proceeding no further with the project at the present time. The CDC has no other plans for new projects in the Philippines.