Ports: Infrastructure
The question
To ask the Secretary of State for Transport, what discussions she plans to hold with Scottish port operators on the proportion of the planned £1.8 billion funding for port infrastructure that will be provided to Scottish ports to support energy transition.
Answered by Mike Kane
This government has announced the creation of a £7.3bn National Wealth Fund, for which investment in ports and supply chains has been identified as a priority. HM Treasury and the UK Infrastructure Bank are leading on the setting up of the NWF and agreeing details of its operation such as funding criteria, process, and allocation. The Fund is intended to be UK wide. Key missions for the UK government and this Department are kickstarting economic growth, creating opportunity for all, and driving forward the UK’s green energy transition.
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