HC Deb 11 April 2002 vol 383 c505W
Chris Grayling

To ask the Secretary of State for Transport, Local Government and the Regions if it is his policy to raise private sector investment in the railways through special purpose vehicles. [47396]

Mr. Jamieson

Special purpose vehicles are expected to be an option for securing private sector investment in infrastructure projects. But private sector investment in the railways may also be secured by other means, and special purpose vehicles will not be suitable for all infrastructure projects.

Chris Grayling

To ask the Secretary of State for Transport, Local Government and the Regions if he will make a statement on the proposed transfer of special purpose vehicles to Railtrack's successor after construction. [47394]

Mr. Jamieson

I refer the hon. Member to my answer of 4 February 2002,Official Report, column 728W.

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