HC Deb 22 February 2000 vol 344 cc956-7W
Mr. Menzies Campbell

To ask the Secretary of State for Trade and Industry what applications for credit guarantees were received by the ECGD, from which companies, for what amount, and on what date in respect of(a) the Pergau Dam, (b) Singapore Utilities Water Project, (c) the Turkwell Dam, (d) the Ewaso Ngiro Dam, (e) the Ajaokuta Steel Plant, (f) the Katse Dam and (g) the Meula Dam; which applications were approved, for what amount, and on what date; what payment has been made against each project by the ECGD and on what date; what ECGD liability exists against each project; and if he will make a statement. [110393]

Dr. Howells

[holding answer 21 February 2000]: ECGD can find no trace of applications for Credit Guarantees for the Singapore Utilities Water Project, the

Project Exporter Amount of and date of application Amount Date
Pergau Dam, Malaysia Balfour Beatty Construction Ltd. And Cementation International Ltd. (joint venture) 1 buyer credit: £315m December 88
Revised to £410m March 90
4 supplier credits:
£ 12.0m 31 January 91
£23.6m 22 February 91
£8.4m 22 February 91
£119.1m 22 February 91
Ewaso Ngiro Dam, Kenya WLPU Consultants (now called Knight Piesold) 1 buyer credit: 1£43.8m 9 April 90
Ajaokuta Steel Plant, Nigeria Carillion Construction Figures unavailable
Katse Dam, Lesotho Kier International Ltd. and Sterling International Civil Engineering Ltd. (joint venture) 1 buyer credit and 2 supplier credits} £267m 10 December 90
1 Loan value

Note:

Some figures are unavailable because repayments were lumped together with several other credits

Project Amount approved Date approved Payments by ECGD and date Payment Date ECGD's liability
Pergau Dam, Malaysia £327.9m 13 March 1991 Nil £40.3m
£ 10.8m 21 March 1991 Nil Nil
£23.4m 13 March 1991 Nil Nil
£7.6m 21 March 1991 Nil Nil
£119.1m 21 March 1991 Nil £11.1m
Ewaso Ngiro Dam, Kenya 1£68.1m 21 June 1990 £377,043 15 March 1992 £10.2m
£440,150 15 September 1992
£442,371 15 March 1993
£440,150 15 September 1993
£442,371 15 March 1994
£4,752 15 September 1994
£2,898 15 March 1995
Ajaokuta Steel Plant, Nigeria £22.4m 1982 £14.2m Date unavailable 2£13.9m
Katse Dam, Lesotho £26.5m 4 March 1991 Nil Figure unavailable
£40.1m Nil Nil
£6.9m Nil Nil
1 Loan value + interest
2 Plus interest

Note:

Some figures are unavailable because repayments were lumped together with several other credits