§ Mr. Betts
To ask the Secretary of State for Transport (1) if he will list those public investment projects within his Department's responsibility which have attracted private capital and which have been commenced since November 1993;
(2) how much private capital has been invested in public investment projects within his Department's responsibility since the 1992 autumn statement.
§ Mr. Norris
The following such projects have been commenced since November 1993
- Ashford International Passenger Station (£40 million)
- London Underground Track Maintenance £0.5 million)
- London Underground Information Technology Services (£10 million)
Between the 1992 autumn statement and the end of the current financial year, an estimated £370 million of private capital will have been invested, with forward commitments for a further £1.1 billion.
Additional schemes with an estimated total value of some £3.5 billion are currently subject to competition.