CDC: Hospitals

Department for International Development written question – answered on 9th June 2020.

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Photo of Preet Kaur Gill Preet Kaur Gill Shadow Secretary of State for International Development

To ask the Secretary of State for International Development, pursuant to the Answer of 27 April 2020 to Question 40722, on CDC Group: Hospitals, what the total value was of (a) initial and (b) current investments into those hospitals.

Photo of James Duddridge James Duddridge Parliamentary Under-Secretary (Foreign and Commonwealth Office) (Joint with the Department for International Development)

The value of the CDC investments listed in answer to Parliamentary Question 40722 was $190 million at the time of submitting that answer. The value of investments fluctuates during the period over which they are held by CDC. As a result of the disruption caused by the current pandemic across global markets, market volatility is particularly high at present. The last available valuation for the above investments is $196 million.

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