Major Infrastructure Projects

Part of 1. Questions to the First Minister – in the Senedd at 1:33 pm on 17 July 2018.

Alert me about debates like this

Photo of Adam Price Adam Price Plaid Cymru 1:33, 17 July 2018

Given the current level of interest rates and annuity rates, a debt service liability of about £150 million, over the course of 30 years, would unlock about £2.5 billion, using the kind of innovative financing method like the MIM that the First Minister referred to. Do you think that represents value for money, and, if it does, shouldn't we be much more ambitious in terms of the scale of the capital investment programme to maximise this historic opportunity of low interest rates?