Written question asked by Seamus Logan (Scottish National Party) on Thursday, 12 June 2025, in the House of Commons. It was due for an answer on Tuesday, 17 June 2025 (named day). It was answered by James Murray (Labour) on Tuesday, 17 June 2025 on behalf of the Treasury.
National Wealth Fund: Ports
- Question
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To ask the Chancellor of the Exchequer, if the National Wealth Fund will deliver £1.8 billion in ring-fenced funding for UK ports; and how much will be allocated to ports in (a) Peterhead and (b) Fraserburgh.
- Answer
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The National Wealth Fund will commit at least £5.8 billion over this Parliament to green hydrogen, carbon capture, ports, gigafactories and green steel sub-sectors. The National Wealth Fund’s Strategic Plan will set out where and how the NWF can deploy its capital within these sectors.
The National Wealth Fund is operationally independent, including when making investment decisions. Like all proposals, any investment made into the ports sector will be subject to the investment satisfying the National Wealth Fund’s normal requirements for investable proposals.
Secondary information
- Type
- Written question
- Reference
- 59666
- Session
- 2024-26
- Subjects
- Ports National Wealth Fund Aberdeenshire
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 23:15:15 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/59666
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/59666
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/59666