§ Mr. Don FosterTo ask the Secretary of State for Transport how much private investment has been(a) spent and (b) allocated for road building (i) under the 10 year plan to date, (ii) projected by 2004–05 and (iii) projected for the period of the 10 year plan (A) at today's prices and (B) at outturn cost. [76479]
§ Mr. JamiesonTables a) and b) show the levels of private sector investment in strategic and local roads that were assumed in the "Ten Year Plan". The local roads figures include investment in maintenance and street lighting, as well as road construction.584W
a) Real 2001/02 Prices (£ million) To end 2002–03 To end 2004–05 To end 2010–11 Trunk roads 391 760 2,349 Local roads 160 492 2,133 Total 551 1,252 4,482
b) Outturn Prices (£ million) To end 2002–03 To end 2004–05 To end 2010–11 Trunk roads 396 788 2,638 Local roads 162 515 2,449 Total 558 1,03 5,087 To date, we estimate that the private sector has invested £320 million in the construction of trunk roads. This figure excludes the A13 DBFO contract, which was included in the "Ten Year Plan" trunk road forecasts. The A13 was formerly a trunk road but was later transferred to Transport for London. There will be an estimated £150 million of private investment on the A13 to the end of December 2004. Since local highways authorities are responsible for procuring local roads, my Department does not hold information on private sector spending on these roads.