§ Mr. MeacherTo ask the President of the Board of Trade on what dates and for what amounts export credit guarantees given by the Export Credits Guarantee Department were drawn upon in relation to the construction of a university in Oman. [40164]
§ Mr. NelsonThe ECGD supported buyer credit loans are administered by the relevant agent bank which holds full details of advances made. While the ECGD has data about aggregate amounts which the bank declares as having been advanced and repaid, only part of the record for this particular case is available on the ECGD's current database. Research into the full information held by the ECGD could not be done, except at disproportionate cost.
§ Mr. MeacherTo ask the President of the Board of Trade on what dates, and for what amounts export credit guarantees were given by the Export Credits Guarantee Department in relation to the construction of a university in Oman. [40172]
§ Mr. NelsonThe ECGD gave its guarantee for a US$235.19 million loan on 30 July 1982 for the construction of the University. The scope of this credit facility was extended to allow the financing of a teaching hospital which was within the terms of a contract variation order. A further loan of US$20.69 million was signed on 14 July 1988 for that purpose.