§ 16. Mr. EvennettTo ask the Chancellor of the Exchequer if he will make a statement on recent progress under the private finance initiative.
§ Mr. Kenneth ClarkeI announced in the Budget that we are on target to sign contracts in 1995 under the private finance initiative leading to £5 billion of capital investment. Since then, additional projects worth a further £1 billion have been identified and are being taken forward.