London Infrastructure Fund

Meeting: 
MQT on 2014-03-19
Session date: 
March 19, 2014
Reference: 
2014/1634
Question By: 
Valerie Shawcross
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

In your manifesto you said, "I will also ask the new London Infrastructure Fund to harness pension fund and other institutional investment to support the [Crossrail 2] project." Can you update me on this commitment as it does not feature in the recent London First's Crossrail 2 task force report on how Crossrail 2 could be funded?

Answer

Answer for London Infrastructure Fund

Answer for London Infrastructure Fund

Answered By: 
The Mayor

I welcome London First's very helpful examination of possible ways to fund Crossrail 2. This is the start of a discussion about funding, so we can consider the potential sources of finance, including from pension funds.

                

Extend the Freedom Pass for use on suburban rail before 9.30am.