Infrastructure: Finance

(asked on 26th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will publish a list of the projects funded under the National Infrastructure Strategy; what the timescale is for the (a) disbursement and (b) implementation of each of those projects; and how much funding has not yet been allocated to specific infrastructure projects.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 1st February 2021

The National Infrastructure Strategy set out the Government’s plan to transform the UK’s infrastructure to help level up the country and put the UK on the path to net zero emissions by 2050.

The Strategy announced record levels of public investment in strategic roads, digital infrastructure and flood defences, alongside measures to encourage and increase private investment, such as the creation of a new infrastructure bank for the UK.

The Strategy includes different kinds of funding commitments, from individual projects like HS2, to overarching programmes, such as £5bn for the rollout of gigabit capable broadband. A number of programmes will be administered by delivery agencies like the Environment Agency and Highways England who will allocate funding to individual projects.

The Infrastructure and Projects Authority will publish the next iteration of its annual National Infrastructure and Construction Pipeline in 2021, as stated in the NIS, and this will list future planned investments and procurements across infrastructure and construction.

The National Infrastructure Strategy also included a timeline of forthcoming Government publications which indicated where future action can be expected.

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