Department for Business, Energy and Industrial Strategy: Capital Investment

(asked on 26th January 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 26 January 2017 to Question 60573, what estimate he has made of how much his Department will spend on large capital projects in each of the next five years; and if he will make a statement.


Answered by
Margot James Portrait
Margot James
This question was answered on 2nd February 2017

The Department’s estimated capital expenditure on projects within the Government Major Projects Portfolio (GMPP) for each of next 5 years is set out in the table below. The annual totals are broken down between Department for Energy and Climate Change (DECC) and Business, Innovation and Skills (BIS), the two former departments which merged in 2016 to create BEIS.

The estimates are based upon the current composition of the GMPP and their capital costs over the next 5 years. The estimates therefore exclude the capital costs of those major projects that may join the GMPP within the next 5 years.

2016/17

2017/18

2018/19

2019/20

2020/21

TOTAL (in millions £)

Ex-DECC

1590.0

1616.0

1578.0

1610.0

1674.0

8068.0

Ex-BIS

47.7

88.2

80.0

33.5

9.0

258.4

Combined

1637.7

1704.2

1658.0

1643.5

1683.0

8326.4

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