Overseas Aid (Private Sector Contracts) Debate

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Department: Department for International Development

Overseas Aid (Private Sector Contracts)

Gerald Howarth Excerpts
Monday 11th March 2013

(11 years, 2 months ago)

Commons Chamber
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Gerald Howarth Portrait Sir Gerald Howarth (Aldershot) (Con)
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I welcome my right hon. Friend’s statement this afternoon, but given that the £11 billion that she will have at her disposal this year comes entirely from the pockets of her, my and our collective constituents, is it not right that, wherever possible, it should be returned to British companies that offer first-class equipment and services to overseas countries, which are the beneficiaries of British taxpayers’ aid?

Justine Greening Portrait Justine Greening
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UK companies have a key role to play. In fact, my hon. Friend will be interested to know that, in terms of their value, more than 90% of the contracts awarded by the Government go to UK companies. That is probably because those companies out-compete other companies, but also because we have a strong corporate governance structure, which many other countries seek to emulate.