Private Finance Initiative

HC Deb 06 February 1996 vol 271 cc126-7W

Mr. Alan W. Williams

To ask the Secretary of State for Health what is the total value of all schemes currently agreed in the NHS for the financial year 1995–96 under the private finance initiative; and what is the target for 1996–97. [13247]

Mr. Horam

So far, in the financial year 1995–96, £116 million-worth of schemes, each over £1 million capital value, have been approved under the private finance initiative by the national health service executive for the NHS in England. This brings the total value since the launch of the PFI to over £220 million in England. This excludes schemes whose individual capital value is under £1 million, which are not recorded centrally. We do not impose a PFI target upon the NHS, but we expect that the sums will increase substantially in the coming year.