Question to the Department for International Development:
To ask Her Majesty's Government what is their assessment of the desirability of investments made by the CDC Group in the construction of shopping centres and gated communities.
I refer the noble lady to the answer I gave on 19 June 2014 (Official Report, column WA90) to the noble Lord Steel.
“In 2013, CDC's 1,300 investee companies directly employed over a million people, and created more than 68,000 net new jobs.
Individual investments are fully decided by CDC and the Government has put in place strict rules which require commitments to deliver jobs, economic development and poverty alleviation in developing countries.”