The first two multi-million pound contracts have been awarded for England's new school building programme.
The government is now looking to capital bond markets and even the European Investment Bank to fund its priority school building programme.
Mr Twigg added that "with the economy flat-lining... a proper school building programme would be good for pupils and good for jobs".
The government created the Priority School Building Programme after it scrapped the Building Schools for the Future (BSF) project set up under Labour.
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He also answered questions on the Welsh government's school building programme, developing Welsh-medium provision for children with special needs and reducing vacant pupil places.
Richard Lee Primary School in Wyken is among 261 schools in England which will be refurbished or rebuilt under the Priority School Building Programme.
At Stornoway, there was a 2.4% fall, mainly due to the completion of the school building programme, a project which used external construction workers flying between Stornoway and the mainland.
When Education Secretary Michael Gove announced in May last year that 261 schools would be rebuilt or refurbished through his new Priority School Building Programme, he said work would "begin immediately", with the first schools opening in 2014.
And called for a new national strategy building on the success of the School Sports Partnership Programme.
They say the issue has been ignored for too long, and accuse Labour of "wasting vast sums" on bureaucracy in its Building Schools for the Future (BSF) programme of secondary school rebuilds.
They argued that a home-building programme in the area could lead to an upturn in the school's numbers.
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The school had been earmarked for a re-build on the wider rebuilding programme, Building Schools for the Future, but then the entire programme was scrapped by Education Secretary Michael Gove.
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