§ 5. Mrs. Anne CampbellTo ask the Deputy Prime Minister what action his Department is taking to ensure that infrastructure projects can be funded in growth areas. [185312]
§ The Deputy Prime MinisterIn the statement I gave to the House on Tuesday 13 July following the Spending Review Settlement I announced that funding for the growth areas outside the Thames Gateway would double by 2007–08. I hope to announce the full details of the allocation when the House returns in September.
The Office of the Deputy Prime Minister has also established a new Community Infrastructure Fund to provide transport infrastructure in all growth areas, providing £200 million over the SR04 period.
Private investment, captured through developer contributions in areas of high land value will also play an important part in supporting the development of the Growth Areas.