He said the hospital would have been a "magnet" to attract private investment to the Tees Valley.
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Part one is setting up an independent fund that will attract private investment to build these infrastructure projects.
Efforts to attract private investment have foundered due to bureaucratic hurdles, experts say.
New laws may attract private investment into gas and electricity, but not soon.
Efforts to attract private investment for infrastructure have had only patchy success.
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We'll make sure this is fully paid for, attract private investment, and pick projects based on what's best for the economy, not politicians.
The response is the correct one, and the financial firms that couldn't attract private investment in 2008 should have been allowed to bankrupt.
Shortly after the election, Mr Prescott commissioned Price Waterhouse, an accounting firm, to come up with proposals which would allow the underground to attract private investment while retaining overall public control.
And our Rebuild America Partnership will attract private investment to put construction workers back on the job rebuilding our roads, our bridges and our schools, in turn attracting even more new business to communities across the country.
The Renewable Energy Investment Fund (REIF) aims to attract more private investment to the sector.
With the global clean energy economy emerging as one of the largest economic opportunities of the 21st century, government policy and public investment will be critical determinants of which countries come out on top in the race to attract private sector investment in clean energy technologies.
The party believes this would be commercially viable and attract private sector investment.
Sir Alastair believes that his priority must be to attract additional private investment.
"The work on Nell's Point is the first phase response to bringing the site back into use but the real ambition here it to attract private sector investment for a multi use all weather attraction to the site, " Mr Lewis added.
The aim is that it will attract research grants and private investment that will create 31 jobs initially but up to 45 more over the next five years.
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Already the U.S. is failing to attract significant private-sector investment in clean energy markets, losing out on a key opportunity to grow American jobs, build new high-tech, export-oriented industries, and capitalize on the economic opportunity of a fast-growing clean energy sector.
But it decided that the euro9 billion offered to France Telecom during a financial crisis in 2002 but not taken up, while constituting state aid because it encouraged private investment in the telecom giant, would attract no penalty.
Because GDP growth is a function of private business investment, what are needed are policy changes that will attract more capital investment to Kansas.
If America restricted such investment, it would have to offer much higher interest rates to attract more private portfolio capital.
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