Private Finance Initiative

HC Deb 07 December 1995 vol 268 cc386-7W

Mr. Betts

To ask the Secretary of State for Northern Ireland if he will list for each scheme so far agreed under the private finance initiative the revenue commitment entered into by the Government for each year until the commitment ceases. [3405]

Sir John Wheeler

No scheme under the private finance initiative, announced by the Chancellor of the Exchequer in November 1992, have been approved in Northern Ireland to date.

Mr. Betts

To ask the Secretary of State for Northern Ireland if he will list the policy changes which will arise from the final agreement in respect of each scheme agreed under the private finance initiative. [3406]

Sir John Wheeler

No schemes under the private finance initiative, announced by the Chancellor of the Exchequer in November 1992, have been approved in Northern Ireland to date. A range of projects across all Northern Ireland Departments and the Northern Ireland Office are under consideration. It is too early, however, to identify any policy changes which might arise from projects agreed under the initiative.