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European Investment Bank

Volume 170: debated on Friday 20 April 1990

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To ask the Secretary of State for Foreign and Commonwealth Affairs what projects in the United Kingdom have received support, in each year since 1979, from the European investment bank; and if he will set out in each case the level of financial support received.

I have been asked to reply.The projects supported by the European investment bank and the levels of financial support in 1987, 1988 and 1989 are given in the table. To go back to earlier years would involve disproportionate cost.

Amount of loan £ million
1987
PROJECT
Construction of units at Torness Nuclear Power Station19
Construction of storage facilities for nuclear waste. Sellafield16+34
Nuclear Fuel reprocessing facilities Sellafield60
Conversion of Kilroot Power Station to duel coal/oil firing system30+33
Amount of loan £ million
Development of Arborathoil field50
Construction of municipal waste recycling plant at Hastings0·700
Reduction of traffic congestion in Plymouth8
Construction of approach road to Ramsgate Harbour and inner Chatham ring road3
Construction of A120 by pass4
Upgrading of five roads in Powys1·2
Improvement of traffic conditions on three of main Swansea approach roads2·5
Improvement to approach and landing systems at several airports5
Construction of second terminal at Gatwick150
Construction of airport in London Docklands4
Construction of new passenger terminal at Norwich airport2·6
Improvement to water supply and sewerage schemes in Edinburgh area8
Sewerage schemes in Mersey area20+18
Improvements to drinking water supply network and reduction of river and coastal pollution in Wales8
Construction of Roadford Storage reservoir in Devon10
Land drainage and sewerage system in Birmingham area, River Tame flood protection20
Water supply and sewerage schemes in Humberside, East Anglia, East Midlands and South East England45+20
Water supply and sewerage schemes in York, Bradford and Sheffield areas10+20+20
Improvements to sewerage works in East Lothian5
Sewerage works in coastal areas of North East England10·5
Sewerage works in coastal areas in South West England11
South Cardiff: construction of access road to city centre development of industrial estate6+5+6·5
Industrial development schemes in Lancashire1
Road schemes, water supply networks and sewerage facilities in Tayside5
Development of three industrial areas, construction of tourism and exhibition centre, development of marina and runway at airport near Plymouth6·3
Road, water supply, sewerage, drainage schemes and improvements to an agricultural college in Dumfries and Galloway4
Development of six industrial estates, improvements to Coventry Technical College, Museum of Transport and road schemes to reduce traffic congestion5
Road, water supply, sewerage schemes in Dunfermline and Kirkaldy5
Road, water supply and sewerage schemes in Strathclyde13
Improvements to roads and sewerage plant in Durham3·3
Expansion of industrial estate in Rossendale, North West England0·100
Road schemes, new ferries, improvements to industrial sites and water supply and sewerage schemes in the Shetlands10
Infrastructure work in Newcastle11·5
Construction of Bridge over Loughor River and of western approach road, new building's at Haverford West Technical College2·5
Development of road network, industrial and business infrastructure/waste disposal sites in North Cheshire10
Expansion of industrial estate in County Durham Road schemes, enlargement of Technical College, energy conservation schemes in Staffordshire2
Construction of relief road, factory buildings, enlargement of Polytechnic and removal of asbestos from public buildings in Manchester5
Road schemes, industrial estates and coastal protection works in Lancashire2
Amount of loan £ million
Construction of M65 Calder Valley motorway section, science park, college buildings; and conversation of quarry3
Improvement of industrial sites, construction and improvement of factory buildings in oldham4
Motorway and road development, pedestrianisation schemes, Manchester5
Modernisation of alumium plants in North West England, the Midlands and Wales20
Installation of new computerised management system in retail chain1·4
Improvements to paperpulp recycling plant and construction of clinical Waste incinerator in Manchester1
Electrification of Glasgow/Ayr railway line and purchase of rolling stock10
Total of loans signed in the United Kingdom in 1987£801·3
1988
PROJECT
Nuclear fuel processing facilities, Sellafield190
Municipal waste recycling plant in Hastings1
Construction of Channel tunnel70
Improvements to port installations, Plymouth, Southampton, Hull, Immingham, Grimsby, Barry and Ayr16
Approach and landing systems at several airports18
Second passenger terminal at Stansted airport100
Development of telecommunications, Scotland200
Water supply, sewerage, road schemes in the Grampians10
Modernisation of production facilities and factory, Gateshead3·3
Modernisation and extension of aircraft engine overhaul facilities at Nantgarw7·3
Design and construction of wings for Airbus A-320 at various plants in England50
Facilities for overhaul of jet engines and components in Prestwick11
Construction of textile mill in Bradford and modernisation of dyeing and finishing plant in Huddersfield2
Polysterene production plant in Manchester3
Construction of hotel in Birmingham17
Trusthouse Forte: Construction of metals5
Construction of new computer centre, Manchester1·5
Global loans. Barclays Bank Investors in Industry Group plc10
(to on lend to small and medium sized enterprises in the UK)10
Lending under the New Community Instrument to small and medium sized enterprises
Intermediary
Barclays Bank plc30
Investors in Industry Group35
Total of loans signed in the United Kingdom in 1988£790·1
1989
PROJECT
British Aerospace A320B100
Stag Furniture Factory1·85
Fownes Hotel Solihull5
Ravenspurn North Gas Field A15
Ravenspurn North Gas Field B50
Ravenspurn North Gas Field C30
Trade Centre Cardiff12
Trusthouse Forte Motels7
East Sussex Fuel Plant0·50
Trusthouse Forte II3·80
Hurtsman Chemicals Manchester2
National Computing Centre0·70
Hall UK Projects5·7
Irvine PaperMill50
Slaley Hall Hexham3
Eurotunnel25+50
BAA Stansted100
Amount of loan £ million
Lancashire Industrial Estates5
ISE Chairs Cardiff0·75
Pall Newquay0·50+5·97
Shotton Paper20
Port of Felixstowe25
Cerestar UK Glucose2·70+2·00
Wytch Farm Oilfield33·60
Cadbury Schweppes50
Stadco2·95
Pilkington Glass40
Burrendale Hotel, Northern Ireland1
Slough Heat and Power15
United Biscuits10
Yorkshire Water Authority21+20
Wessex Water25
Severn Trent Water100
Thames Water75
Anglian Water15
WWA Wessex Environment38
Safeway Bellshill Scotland25
Slumberland Lancashire3·50
Barclays Bank Global Loan140
31 Global Loan VB115
Barclays Bank Global Loan III130
Total of loans signed in the United Kingdom in 19891,084·1
1 For on lending to small and medium sized enterprises.