A strategy for investment

The Strategic Investment Board have released their Investment Strategy for Northern Ireland up to 2015.. notable, despite the headline figure of £16 Billion used in most reports, Secretary of State Peter Hain’s statement is here btw, there is only confirmed investment of £3.977 Billion, over the next 3 years, the rest is indicative investment.. and the £16 Billion figure carries a “could be up to” caveat.. the actual figure detailed is £14.418 Billion. The SINI summary document is here[PDF file] and the full details here[PDF file].. then we get into what proportion of the investment is in the form of Public Private Partnerships/Private Finance Initiatives..The difference between the figures for confirmed spending and indicative spending is shown in this image, from the full ISNI document

Image hosted by Photobucket.com

A more detailed summary of departmental investment is here –

Image hosted by Photobucket.com

* This Budget line relates to smaller departments (e.g. NI Assembly, NI Audit Office, Assembly Ombudsman for NI, etc.)
† Note: In the cases of DEL, DETI, DFP, DHSSPS and DOE there is a difference betweenthe figures shown above for years 1-3 and the equivalent figures in Priorities and Budget 2006-2008. The ISNI figures include investment financed by off-balance sheet PFI projects, whereas this investment is not included in the budget figures.[added emphasis]

Those budget figures, btw, are available here[PDF file] – in Annex B

Image hosted by Photobucket.com

Those figures show capital investment by government, excluding PPP/PFI schemes, of £3.7762 Billion over the next 3 years.. a very small current allocation of PPP/PFI. That seems likely to change.

Categories Uncategorised

We are reader supported. Donate to keep Slugger lit!

For over 20 years, Slugger has been an independent place for debate and new ideas. We have published over 40,000 posts and over one and a half million comments on the site. Each month we have over 70,000 readers. All this we have accomplished with only volunteers we have never had any paid staff.

Slugger does not receive any funding, and we respect our readers, so we will never run intrusive ads or sponsored posts. Instead, we are reader-supported. Help us keep Slugger independent by becoming a friend of Slugger. While we run a tight ship and no one gets paid to write, we need money to help us cover our costs.

If you like what we do, we are asking you to consider giving a monthly donation of any amount, or you can give a one-off donation. Any amount is appreciated.