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Infrastructure

Treasury written question – answered on 28th June 2012.

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Photo of Angus MacNeil Angus MacNeil Shadow SNP Spokesperson (Transport), Shadow SNP Spokesperson (Constitutional Reform), Shadow SNP Spokesperson (Scotland)

To ask the Chancellor of the Exchequer what progress his Department has made on securing public and private investments for the funding of the projects in the National Infrastructure Plan 2011, by project; and what the (a) funding source, (b) funding amount secured, (c) total funding amount required and (d) potential Barnett consequential to be paid to Scotland is for each such project.

Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury

The National Infrastructure Plan 2011 identified a substantial pipeline of planned investment in UK infrastructure over the next decade and beyond. The infrastructure pipeline includes over 500 projects and programmes worth over £250 billion. Almost two thirds of the expected investment to 2015 will be privately funded and the remainder will be either partially or fully publicly funded. The Barnett formula will be applied in the usual way to public funding.

At the autumn statement 2011 the Government announced £6.3 billion of capital spending and since the 2010 spending review the UK Government has provided more than £700 million of additional capital funding to the Scottish Government for it to spend according to its own priorities.

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