§ Mr. Andrew TurnerTo ask the Secretary of State for Transport, Local Government and the Regions how much, in cash and real terms, was invested in(a) track and signalling capital projects and (b) other capital projects in the railway industry each year from 1998–99; and of each, how much was met from public funds. [26661]
§ Mr. JamiesonInvestment in the rail industry between 1998–99 and 2000–01 is shown in the table.
1053W
£ million 1998–99 1999–2000 2000–01 Rolling stock 176 236 554 Track and signalling 1,012 1,315 2,126 Other 811 697 278 Total 1,999 2,248 2,958 Total1(2000–01 prices) 2,090 2,303 2,958 Although rail investment in these years is almost wholly undertaken by the private sector, its finance is indirectly supported by Government support payments to the rail industry channelled through the franchised train operating companies. It is not possible to provide an estimate of the proportion of investment supported by public subsidy.