§ Ms Janet AndersonTo ask the Secretary of State for the Environment what estimate he has made of funding to be made available to his Department through the private finance initiative in(a) 1995–96, (b) 1996–97 and (c) 1997–98. [16170]
§ Sir Paul BeresfordThe Department of the Environment and its sponsored bodies attracted over £4.5 billion in private investment in support of its programmes in 1994–95 and anticipates a similar outturn in 1995–96. Forecasts for 1996–97 and 1997–98 are for about £6 billion in private investment to be generated. The level of capital expenditure by the private sector on the Department's recently announced private finance initiative projects is forecast to be £0 million in 1995–96, £25 million 1996–97 and £47 million 1997–98.