Written question asked by Harriet Cross (Conservative) on Friday, 28 February 2025, in the House of Commons. It was due for an answer on Tuesday, 4 March 2025. It was answered by James Murray (Labour) on Monday, 10 March 2025 on behalf of the Treasury.
National Wealth Fund
- Question
-
To ask the Chancellor of the Exchequer, when the £1.8 billion allocated in the National Wealth Fund for the upgrade of port infrastructure and supply chain facilities will be open for applications.
- Answer
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The National Wealth Fund has financial capacity totaling £27.8 billion, of which at least £5.8 billion will be committed over this Parliament to the five priority sectors that the Chancellor announced at the International Investment Summit, including ports.
There are no unique or additional criteria for accessing this funding as it will be deployed in line with the National Wealth Fund’s standard approach, an overview of which can be found here: https://www.nationalwealthfund.org.uk/how-we-invest-principles-and-approach.
This capital is available now - and will be targeted into investable projects that meet the National Wealth Fund’s investment criteria and mandate – driving growth, clean energy and creating the jobs of the future.
Anyone with a potentially investable project can contact the National Wealth Fund via its website.
Secondary information
- Type
- Written question
- Reference
- 34742
- Session
- 2024-26
- Grouped for answer
- Yes
- Subjects
- Infrastructure Ports National Wealth Fund
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 17:57:39 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/34742
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/34742
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/34742