UK Parliament / Open data

Inward Investment (Wales)

Proceeding contribution from Jonathan Edwards (Plaid Cymru) in the House of Commons on Thursday, 29 November 2012. It occurred during Adjournment debate on Inward Investment (Wales).

The hon. Lady mentioned that it was important to increase investment in infrastructure and we agree with that. The UK Government have announced an infrastructure investment plan of £30 billion, comprising £5 billion from public funds and £25 billion to be financed—different from funding—from the private sector. The Welsh Government get a Barnett consequential on the £5 billion, but not on the £25 billion. Can the hon. Lady explain what mechanisms the Welsh Government have put in place to access that £25 billion of potential investment finance?

Type
Proceeding contribution
Reference
554 c169WH 
Session
2012-13
Chamber / Committee
Westminster Hall
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