Oral question asked in the House of Commons, by Lucy Frazer (Conservative). It was answered by Lord Hammond of Runnymede (Conservative) on Tuesday, 28 November 2017 on behalf of the Treasury.

Major Infrastructure Projects

Question: What plans the Government has to invest in major infrastructure projects during the 2017 Parliament.

Answer: We are expanding the national productivity investment fund to provide £31 billion of investment. That includes a £1.7 billion transport fund to transform our great cities and a more than doubling of the housing infrastructure fund to £5 billion. We have published the “National Infrastructure and Construction Pipeline” and are delivering the largest rail modernisation since Victorian times, the biggest road investment programme since the 1970s and two of the largest engineering projects in Europe—Crossrail and HS2. Taken together, that means that the Government will invest, on average, £25 billion more per annum in real terms than was invested during the 1997 to 2010 Government.

Secondary information