Threads / Railways Bill Implementation / We asked the Department about the private sector investment…
Committee Material Published 22 Sep 2021 ↗ View on Parliament

We asked the Department about the private sector investment that would be needed as part of delivering the benefits expected from the programme. The Department told us that it had started to take steps to encourage private sector investment to ensure these were delivered. For example, it was working with the Ministry of Housing, Communities and Local Government and the Old Oak and Park Royal Development Corporation on their investment plans and the government had announced £50 million in the ...

We asked the Department about the private sector investment that would be needed as part of delivering the benefits expected from the programme. The Department told us that it had started to take steps to encourage private sector investment to ensure these were delivered. For example, it was working with the Ministry of Housing, Communities and Local Government and the Old Oak and Park Royal Development Corporation on their investment plans and the government had announced £50 million in the Budget to support development around Birmingham Interchange station to allow more land for development and regeneration. However, the Department conceded Type: conclusion | Number: 23 | Response status: under_consideration