Question to the Department for International Development:

To ask Her Majesty’s Government, further to the Written Answer by Baroness Northover on 19 February (HL 4577), what were the uses to which the £360 million deposited in the Private Development Group Account were put; and what results those have produced so far.

DFID’s investment in the PIDG has supported 35 projects, including in energy, agricultural infrastructure, industrial infrastructure, transport, ports and roads. These projects have created nearly 200,000 jobs and driven £6.8 billion of private investment into some of the world’s poorest countries. In 2013 alone, eight PIDG projects started operations, bringing new or improved services to 8.6 million people.