Select Committee on International Development Minutes of Evidence

Commonwealth Development Corporation: Actual Commitments During 1997

Asia

App Date	Comm Date	Client	Total	Loan	Equity	Quasi Equity	Poor	Private Sector	Africa	CDC Indust	Fin Markets
CDC INDIA
India
Jan 97	Feb 97	India Access Fund Ltd	6,250	0	6,250	0	6,250	6,250	0	0	0
Jan 97	Mar 97	Ester Industries Ltd	6,135	0	0	6,135	6,135	6,135	0	0	0
Apr 97	Apr 97	Bharat Starch Industries Ltd	181	0	181	0	181	181	0	0	0
Nov 96	May 97	Gujarat Venture Capital Fund 1995 and Venture Finance Ltd	21	0	21	0	21	21	0	0	0
Dec 96	Dec 97	STI (India) Ltd	2,615	0	2,615	0	2,615	2,615	0	0	0
Dec 96	Dec97	STI (India) Ltd	1,846	0	0	1,846	1,846	1,846	0	0	0
		Totals for India	17,048	0	9,067	7,981	17,048	17,048	0	0	0
South India
Nov 97	Dec 97	BPL Cellular Holdings Ltd	13,996	0	13,996	0	13,996	13,996	0	0	0
Nov 97	Dec 97	BPL Cellular Holdings Ltd	12,792	0	0	12,792	12,792	12,792	0	0	0
		Totals for South India	26,787	0	13,996	12,792	26,787	26,787	0	0	0
		Total CDC India	43,835	0	23,062	20,773	43,835	43,835	0	0	0
CDC INDONESIA
Indonesia
Dec 96	Oct 97	PT Dayamitra Telekomunikasi	15,528	15,528	0	0	15,528	15,528	0	0	0
Jun 97	Nov 97	PT Suryacipta Swadaya	11,905	11,905	0	0	11,905	11,905	0	0	0
Jun 97	Nov 97	PT Suryacipta Swadaya	5,952	0	0	5,952	5,952	5,952	0	0	0
		Totals for Indonesia	33,385	27,433	0	5,952	33,385	33,385	0	0	0
		Total CDC Indonesia	33,385	27,433	0	5,952	33,385	33,385	0	0	0
CDC PACIFIC ISLANDS
Papua New Guinea
Jun 97	Sep 97	Kula Fund Ltd	864	0	864	0	864	864	0	0	0
Jun 97	Sep 97	Kula Fund Ltd	0	0	0	0	0	0	0	0	0
Aug 96	Sep 97	Kula Fund Ltd	2,469	0	2,469	0	2,469	2,469	0	0	2,469
Aug 96	Sep 97	Kula Fund Ltd	185	0	185	0	185	185	0	0	185
Aug 96	Sep 97	Kula Fund Ltd	0	0	0	0	0	0	0	0	0
		Totals for Papua New Guinea	3,519	0	3,519	0	3,519	3,519	0	0	2,654
Solomon Islands
Dec 96	Oct 97	Gold Ridge Mining Ltd	11,180	11,180	0	0	11,180	11,180	0	0	0
Dec 96	Oct 97	Gold Ridge Mining Ltd	3,106	0	0	3,106	3,106	3,106	0	0	0
		Totals for Solomon Islands	14,286	11,180	0	3,106	14,286	14,286	0	0	0
		Totals CDC Pacific Islands	17,804	11,180	3,519	3,106	17,804	17,804	0	0	2,654
CDC PHILIPPINES
Philippines
Feb 97	Sep 97	Alsons Cement Corporation	12,963	12,963	0	0	12,963	12,963	0	0	0
		Totals for Philippines	12,963	12,963	0	0	12,963	12,963	0	0	0
		Total CDC Philippines	12,963	12,963	0	0	12,963	12,963	0	0	0
CDC SRI LANKA
Sri Lanka
Apr 97	Apr 97	Keells Plantation Management Services Ltd	2,577	0	2,577	0	2,577	2,577	0	0	0
Oct 96	May 97	Asia Power (Pvt) Ltd	1,348	0	1,348	0	1,348	1,348	0	0	0
Oct 96	May 97	Asia Power (Pvt) Ltd	6,173	6,173	0	0	6,173	6,173	0	0	0
Aug 97	Aug 97	National Development Bank	2,495	0	2,495	0	2,495	2,495	0	0	0
		Totals for Sri Lanka	12,592	6,173	6,420	0	12,592	12,592	0	0	0
		Total CDC Sri Lanka	12,592	6,173	6,420	0	12,592	12,592	0	0	0
CDC THAILAND
Thailand
Nov 93	Jun 97	Advance Agro Public Company Ltd	245	0	245	0	0	245	0	0	0
Nov 93	Nov 97	Advance Agro Public Company Ltd	240	0	240	0	0	240	0	0	0
		Totals for Thailand	485	0	485	0	0	485	0	0	0
		Total CDC Thailand	485	0	485	0	0	485	0	0	0
		Totals for Asia	21,065	57,749	33,486	29,830	120,579	121,065	0	0	2,654

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Prepared 7 July 1998