£500 billion infrastructure investment pipeline published by UK Government

  • 5 Dec 2016

The UK Government today released the details of its new £500 billion National Infrastructure and Construction Pipeline for the National Infrastructure Delivery Plan that supports housing, and social and economic infrastructure.

The plan offers a single source of data for both government and the private sector, plus investors and suppliers. The pipeline is a crucial tool that enables companies to plan ahead.

£500 billion of planned investment includes over £300 billion of private and public investment up to 2021, with more than 40% of the pipeline coming directly from government investment.

720 projects and programmes

The new National Infrastructure and Construction Pipeline lists over 720 projects and programmes including major projects like the Thames Tideway Tunnel, upgrading major roads upgrades like the A14, and the smart meters programme.

Infrastructure investment

This pipeline includes the new £23 billion National Productivity Investment Fund announced in the Chancellor’s Autumn Statement.

This Fund provides over £2.6 billion to improve transport networks, £7.2 billion to support the construction of new homes, flood defence, and funding for broadband improvements.

Closing the productivity gap

The aim of the infrastructure spending is to raise UK productivity which has fallen behind its major competitors. A 1% productivity improvement every year would add £240 billion to the size of the economy over the next decade. Closing the productivity gap will help raise living standards.

fullscreen-capture-05122016-140744Chief Secretary to the Treasury David Gauke said: “The infrastructure pipeline is set to make a real difference to people’s lives from quicker and easier journeys, to better broadband access, and building more homes for people who need them in high demand areas”.

Link to download the National Infrastructure Plan

Link to read the National Infrastructure and Construction Pipeline Analysis

Leave a Reply

Latest news

Contour Heating

Installing a DeepClean hospital radiator cover within a live ward - Contour

Installing radiators in a live environment poses unique challenges for the installer, which are amplified in care-cantered environments, such as hospitals, as Contour explain here…

Posted in Articles, Building Industry News, Building Services, Facility Management & Building Services, Health & Safety, Heating Systems, Controls and Management, Heating, Ventilation and Air Conditioning - HVAC, Interiors, Pipes & Fittings, Plumbing

Sherwin Williams

Greengate riverside showcases Sherwin Williams’ partnering skills

Dowsil sealants have been supplied by the Sherwin Williams Company to one of Dow’s leading Quality Bond customers, Architectural Engineering Ltd (AEL).

Posted in Articles, Building Industry News, Building Products & Structures, Building Systems, Case Studies, Cladding, Facades, Glazing, Restoration & Refurbishment, Retrofit & Renovation, Walls

Kalzip
OnSite Support

OnSite Support championing women in construction

To recognise International Women’s Day on 8 March, safety expert OnSite Support has announced the measures it is taking to support women in construction.

Posted in Articles, Building Industry Events, Building Industry News, Health & Safety, news, Plant, Equipment and Hire, Training