Corporate report

Evaluating the impact of BII industries, technology and services (ITS) portfolio

This report provides an independent portfolio-wide analysis of British International Investment’s (BII’s) investments in the ITS sector group.

This was published under the 2022 to 2024 Sunak Conservative government

Documents

Evaluating the impact of BII’s industries, technology and services (ITS) portfolio (PDF, 15.1 MB)

Executive summary: Evaluating the impact of BII’s industries, technology and services (ITS) portfolio (PDF, 538 KB)

Details

The Foreign, Commonwealth & Development Office (FCDO) independent Evaluation and Learning programme evaluates BII’s priority sectors (infrastructure, financial services, ITS). These multi-year evaluations help the FCDO and BII better understand how BII’s investments affect people, businesses, sectors and economies.

The FCDO commissioned Itad, Oxford Policy Management and Enabling Outcomes to evaluate BII’s investments in the ITS portfolio. The ITS portfolio covers these sectors:

  • industries: food and agriculture, and manufacturing
  • technology: information and communications technology infrastructure, businesses that use technology to provide services in other sectors, and businesses in the technology sector
  • services: includes investments in consumer and business services and social infrastructure services, such as health, education, and construction and real estate

This evaluation aims to explain the development impact of BII’s investments in this portfolio. It makes a range of recommendations for BII, taking into account:

  • its overall portfolio composition across the sector
  • investment and portfolio performance, to enable BII to recycle capital into other impact-generating opportunities, and
  • the range of potential investment opportunities available

This publication follows the 2021 evaluation of BII’s financial institutions portfolio (PDF, 7.6 MB) and the 2022 evaluation of its infrastructure portfolio (PDF, 2 MB). BII’s complete portfolio since 2012 has now been independently evaluated.

Updates to this page

Published 13 March 2024

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