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Docklands Light Railway

Volume 114: debated on Monday 6 April 1987

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asked the Secretary of State for the Environment if, pursuant to his answer of 31 March concerning development strategy for the Royal docks, he will set out the calculations on which Her Majesty's Government based their judgment that the cost of £140 million of the Beckton extension of the docklands light railway can be funded from the sale of land currently owned by the London Dockland Development Corporation.

The financial appraisals carried out by LDDC are subject to commercial confidentiality. They examine different options, assessing expected receipts from the sale of LDDC's land against the phased payments which would be required for the construction of the eastern extension. They demonstrate that the increased land values which should result from the proposed extension and other infrastructure works generate sufficient funds for the construction of the extension.