Baroness Scott of Needham Market
Main Page: Baroness Scott of Needham Market (Liberal Democrat - Life peer)Department Debates - View all Baroness Scott of Needham Market's debates with the Department for Transport
Roads: Private Investment
Baroness Scott of Needham Market Excerpts(12 years, 7 months ago)
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Earl Attlee
My Lords, I regularly used to use the bit of road that my noble friend refers to. Particularly impressive was the rate at which the construction project went ahead. It had all the signs of an efficient process.
Baroness Scott of Needham Market
My Lords, given that the objective of government is to encourage the investment of private finance in the transport sector, do the alternatives include the slightly less risky idea of creating a fund into which private investors can put money to invest in a portfolio of transport projects both new and existing?
Earl Attlee
My Lords, I am not quite sure about the exact proposal that my noble friend puts forward, but we are looking at all options and I will be grateful for any input from noble Lords into possible models.