Wednesday 17 October 2018
Dinner Discussion, 19.00-21.15
The Attlee Room, House of Lords
Chair: Rt Hon Dame Margaret Beckett DBE MP, Chair, Joint Committee on the National Security Strategy
Speakers: Liv Garfield, Chief Executive Officer, Severn Trent Water
Basil Scarsella, Chief Executive Officer, UK Power Networks
The delivery of sound and reliable infrastructure, from roads and bridges to public utilities, is a fundamental driver of economic growth in the UK. According to the OECD, the UK has previously fallen behind several of its G7 peers on infrastructure investment, spending less on upgrading infrastructure than other developed countries over the past three decades. As the Government plans to make more than £460bn of infrastructure investments over the next few years, with almost half to be financed by the private sector, what role will public funding and financing interventions play in facilitating greater private investment?
This Dinner Discussion will:
* Explore the opportunities and risks that surround increased private sector funding of UK infrastructure projects
* Consider the strategic financing choices of the private sector when investing in UK infrastructure
* Discuss the Government’s infrastructure priorities and their preferred models of procurement
* Review how the Government’s Private Finance Initiative and National Infrastructure Commission will support future UK infrastructure investments.