§ Mr. Tom ClarkeTo ask the Secretary of State for Foreign and Commonwealth Affairs (1) what is the total expected cost to the United Kingdom Exchequer of support for the Pergau dam project;
(2) what the total cost of the Pergau dam project to the United Kingdom Exchequer has been to date;
(3) if he will set out the planned schedule of all future disbursements for the Pergau dam project from the Overseas Development Administration, with the planned dates and amounts in each case.
§ Mr. Lennox-BoydI refer the hon. Member to the answer given today by my hon. Friend the Minister for Trade at column360. In addition to the total estimate of interest rate support costs to the Exchequer for the Pergau project of £255.310 million, a further £1.035 million in total is expected to be spent on technical, financial and environmental monitoring of the implementation of the project. The total estimated cost to the Exchequer of the project is therefore £256.345 million.
The total cost of the project to the Exchequer to date is £29.621 million. This covers actual expenditure between the financial years 1991–92—1993–94 on ECGD and ODA interest rate support costs of £29.202 million and ODA expenditure on technical, financial and environmental monitoring of £0.419 million.
The current planned schedule for estimated future disbursements from ODA for (A) interest rate support costs contributed by ODA and (B) technical, financial and environmental monitoring costs of the implementation of the project is as set out in the table. The payments under (A) are made in June and December in each financial year; the payments under (B) for monitoring implementation of the project are made as work proceeds, without any pre-planned disbursement dates.
£ million (A) (B) 1994–95 25.310 0.240 1995–96 26.940 0.240 1996–97 26.950 0.136 1997–98 26.980 — 1998–99 22.926 — 1999–2000 19.749 — 2000–01 16.538 — 2001–02 13.396 — 2002–03 10.218 — 2003–04 7.039 — 2004–05 3.880 — 2005–06 0.740 —