Ports: Finance

(asked on 8th February 2018) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what estimate he has made of the amount of (a) public and (b) private funding was invested in (i) new and (ii) existing ports infrastructure was in each year since 2010.


Answered by
Nusrat Ghani Portrait
Nusrat Ghani
Minister of State (Minister for Europe)
This question was answered on 26th February 2018

UK ports operate on a commercial basis generally without public sector financial support. As such, ports are responsible for identifying and funding their own investment requirements. UK ports have an impressive record of investment in new and existing facilities since 2010, including substantial investments at London Gateway, Liverpool, Felixstowe, Southampton and Dover amongst others. Financial support from the UK government and European Union was secured for a small number of investments.

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