Previous Section Back to Table of Contents Lords Hansard Home Page


18 Jan 1996 : Column WA49

Written Answer

Thursday, 18th January 1996.

Channel Tunnel Rail Link: Financing

Lord Molloy asked Her Majesty's Government:

    Whether the construction of the Channel Tunnel rail link is to be publicly financed.

18 Jan 1996 : Column WA50

The Parliamentary Under-Secretary of State, Department of Transport (Viscount Goschen): The Government have pledged a substantial contribution to the project in recognition of its wider benefits. However, the private sector will drive the project and raise the bulk of the finance. A competition to appoint a private sector promoter for the project is in its final stages.



   Back to Table of Contents Lords Hansard Home Page