Friday, September 07, 2012

Infrastructure (Financial Assistance) Bill includes telecommunications

As mentioned in this previous post, the Infrastructure (Financial Assistance) Bill 2012-13 does include telecommunications within its scope. From the only document that's so far available:
"“Infrastructure” includes—
(a) water, electricity, gas, telecommunications, sewerage or other services,
(b) railway facilities (including rolling stock), roads or other transport facilities,
(c) health or educational facilities,
(d) court or prison facilities, and
(e) housing."
The Bill is designed to stimulate private investment in UK infrastructure, with the Government proposing to underwrite up to £50bn of private sector projects. It will be interesting to monitor how this impacts on progress towards the UK's broadband targets for 2015.

1 comment:

  1. Let's see how this infrastructure will have impact in UK's economy. Terrell Financial Group