§ Mr. BettsTo ask the President of the Board of Trade if he will list by type of project(a) how many schemes have been approved to date under the private finance initiative, (b) what is the value of those schemes and (c) what public sector contribution will be required both initially and as revenue support during the lifetime of the schemes. [41747]
§ Mr. Jonathan EvansPrivate finance was used in the refurbishment of the DTI's premises at 1 Victoria street and the relocation of the Radiocommunications Agency to South Quay 3 in docklands. These projects were valued at £68 million and £5.5 million respectively and were completed in the current financial year. Commercial rents will be paid in respect of the buildings. No further projects have yet been approved under PFI but all DTI projects are now considered under the initiative and likely proposals have been identified.