Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how much the European Investment Bank has invested in Scotland in each of the last 10 years; what direct investment there has been in Scottish infrastructure and small business; and what Scotland's share of European Investment Bank funding has been in UK-wide infrastructure projects.
The future relationship between the UK and the EIB is something that will be determined as part of the negotiations on the UK’s exit from the EU and the Government will not be giving a running commentary on these negotiations.
The EIB publishes details of all their projects on their website. Financing details of all projects, including those in Scotland, for each of the past 10 years can be found in the link below :
http://www.eib.org/projects/loan/list/?region=1&country=GB
As part of the ongoing work on the UKs exit from the EU, HMT has been assessing the contribution EIB finance makes to the UK economy. In his Mansion House speech on 20 June, the Chancellor said that; “The European Investment Bank, and its offshoot, the European Investment Fund, have been an important source of funding for infrastructure investment and for growth businesses.”