Port Infrastructure Fund

Department for Transport written question – answered at on 2 February 2021.

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Photo of Anneliese Dodds Anneliese Dodds Shadow Chancellor of the Exchequer

To ask the Secretary of State for Transport, what proportion of funds have been disbursed from the Port Infrastructure Fund to successful applicants; and what the Government's timescale is for disbursement of remaining funds.

Photo of Robert Courts Robert Courts Parliamentary Under-Secretary (Department for Transport)

Disbursal of funds is set to commence imminently, with several Grant Funding Agreements having been recently finalised following negotiations with awardees, and the remainder being finalised currently.

Funds will be disbursed to each awardee as staged payments, monthly. Following initial payments, the timescales for disbursing remaining funds to any awardee corresponds to that awardee’s project delivery timeline.

Projects are scheduled to be delivered in time for the full implementation of the new Border Operating Model.

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