HC Deb 12 May 1994 vol 243 c190W
Mr. Worthington

To ask the Secretary of State for Foreign and Commonwealth Affairs how many soft loan projects for Indonesia have been approved in the past 10 years; what was their value in cash terms; what purposes they were serving; and which British-based firms have benefited.

Mr. Lennox-Boyd

Soft loan projects for Indonesia approved in the past 10 years are as follows:

Title Contract Value £ million United Kingdom Supplier
Steel Bridging 9.930 Mabey & Johnson
Navigational Aids 9.906 Pharos Marine
Rehabilitation of 11.384 Quantel Link
Bandung TV Studios
Scattered Diesels 7.233 Rustons
Cigading-Serpong 31.860 Davy BRI
Railway
Citayam-Cibinong 22.915 Foster-Wheeler
Railway
Cigading Port 17.280 Tarmac
Refurbishment
Rehabilitation of 6.330 Audix Ltd.
Jakarta Radio Studios
Steel Bridging 3.832 Mabey & Johnson
Radio Communications 37.234 Philips
System for the Ministry of Forestry
Airport Security 11.452 International Aeradio Ltd.
Systems
Flight Simulator (Merpati) 4.960 Aeronautical Systems Designers Ltd.
Shortwave Radio 29.000 Marconi
Transmitters for National Broadcasting Network
Jambi Diesel Power Plant 5.739 Mirrless Blackstone
Western Universities Equipment 14.284 Philip Harris Int./Fisons

Mr. Worthington

To ask the Secretary of state for Foreign and Commonwealth Affairs what are the financial terms of soft loans of the category of that given to Indonesia on 7 April.

Mr. Lennox-Boyd

The £80 million loan arrangement signed with the Indonesian Government on 7 April 1994 provided finance at 3.343 per cent. interest, repayable over 25 years with a seven-year grace period.