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Private Finance Initiative

Volume 282: debated on Monday 14 October 1996

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To ask the Secretary of State for Defence what assessment he has made of the use of the PFI for the financing of future military equipment contracts. [39952]

The opportunities for exploiting the private finance initiative are explored in all areas of defence expenditure, including military equipment projects, on a case by case basis. There are currently around 60 projects being tested for PFI potential.