§ Sir Wyn RobertsTo ask the Secretary of State for Wales what progress has been made with the private finance initiative in Wales: and if he will make a statement. [3486]
§ Mr. HagueGood progress is being made. Twenty-five projects, with a combined capital value of some £1 billion are being examined at the moment with a view to taking them forward under the initiative. I estimate that £360 million of private finance will be generated by the PFI in Wales over the next three years.