§ Mr. MacShaneTo ask the Secretary of State for Foreign and Commonwealth Affairs, pursuant to his answer of 19 February,Official Report, column 578–79, if he will list the (a) British and (b) Albanian organisations, individuals or firms in receipt of know-how fund money covering (i) advice on setting up investment funds and (ii) pre-investment feasibility studies. [18986]
§ Sir Nicholas BonsorThe know-how fund contracted the British firm GMA Capital Markets Ltd. to advise on setting up and regulating the Tirana stock exchange and investment funds in Albania. The KHF gave no money to any Albanian organisation, individual or firm, support being provided through funding the cost of technical assistance for specific projects.
The British companies who have received money under the pre-investment feasibility studies scheme for prospective investment in Albania are:
- Anglo Albanian Mining (Heritage House)
- Hugh MacRae and Co. (Builders) Ltd.
- Peter Streatfield
- Eng-Alb Trading Company.
In each of these cases, following the receipt of a grant under the PIFS scheme, the investment by the British company has proceeded. No money was paid to any Albanian organisation, individual or firm through this scheme.