HC Deb 25 March 1991 vol 188 c295W
Mr. Maxton

To ask the Secretary of State for Wales whether he has any plans to sell off investments currently held by the Welsh Development Agency in Welsh companies.

Mr. David Hunt

Under guidelines issued by my Department, the Welsh Development Agency seeks to dispose of shares at the earliest practicable time consistent with its statutory purposes.

Mr. Maxton

To ask the Secretary of State for Wales what is the total estimated value of investments currently held by the Welsh Development Agency in 'Welsh companies.

Mr. David Hunt

Latest available estimate of the gross value of the Welsh Development Agency's equity investment portfolio is £8 million.