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Written question asked by Lord Barker of Battle (Conservative) on Tuesday, 19 October 2004, in the House of Commons. It was due for an answer on Tuesday, 2 November 2004. It was answered by Hilary Benn (Labour) on Tuesday, 2 November 2004 on behalf of the Department for International Development.

Dept for International Development

Question
To ask the Secretary of State for International Development, if he will list firms liquidated by CDC/Actis Capital by (a) sector, (b) country, (c) original investment amount and (d) liquidation return amount since 1998. - Inc table.
Answer

Gregory Barker: To ask the Secretary of State for International Development if he will list firms liquidated by CDC/Actis Capital by (a) sector, (b) country, (c) original investment amount and (d) liquidation return amount since 1998. [193287] Hilary Benn: The following table contains the information for companies put into liquidation since 2000. Earlier information cannot be obtained except at disproportionate cost. _________________________________________________________________________________________________. £ million Investment company Sector Country Original investment Capital returned amount Adesemi Communications Telecommunications Tanzania 2.2 0.3 International Inc Afribrand Holdings Ltd. Food manufacture South Africa 5.2 0.0 Africarco Haulage Ltd. Transport and logistics Tanzania 0.8 0.7 Bonair Fashion Ltd. Textiles Mauritius 1.3 1.3 Enterprise Capital Fund Venture capital fund South Africa 3.3 1.3 Guyana Housing and Housing finance Guyana 0.4 0.4 Development Co Ltd. Guyana Mortgage Finance Co Housing finance Guyana 1.7 1.7 Ltd. Guyana State Corporation Agribusiness Guyana 0.5 0.5 Hala Spinning Ltd. Textiles Pakistan 1.6 1.6 Karimjee Agriculture Ltd. Agribusiness Tanzania 3.4 3.2 Langa National Brickworks Brick manufacture Swaziland 1.0 0.0 (Pty) Ltd. Mananga Management Centre Agricultural training Swaziland 0.9 0.9 MacGregor Property Pty Ltd. Property Papua New Guinea 2.5 1.8 Minaco Fabrics Ltd. Textiles Pakistan 2.5 1.1 Mubarik Dairies Ltd. Agribusiness Pakistan 0.1 0.0 Natex Holdings Ltd. Textiles Swaziland 16.7 3.6 Nusantara Investment Fund Venture capital fund Indonesia 4.5 1.5 Ltd. Shape Fabrics Ltd. Textiles Mauritius 0.3 0.0 Tropical Glass Co Ltd. Glass manufacturing Ghana 1.1 1.1 Woventex Ltd. Textiles Mauritius 1.4 0.0 _________________________________________________________________________________________________.

Secondary information

Type
Written question
Reference
426 c204W; 193287
Session
2003-04
Subjects
Company liquidations Companies Overseas investment Countries CDC Capital Partners CDC
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk