A new <\/u>National Infrastructure Delivery Plan<\/u> has been launched which describes the intended government priorities for infrastructure development for the next five years, including regeneration works and property investment and a new Government Construction Strategy has also been launched which promises <\/u>20,000 apprenticeships and \u2018\u00a31.7 billion efficiencies\u2019.<\/u>\u00a0<\/u><\/p>\n
HM Treasury writes:
\n<\/u>A plan that brings together all of the government\u2019s infrastructure priorities over the next five years has been published today (23 March 2016).\u00a0 For the first time, this new National Infrastructure Delivery Plan\u00a0brings together the government\u2019s plans for this Parliament to support large-scale housing and regeneration, as well as investment in new local schools, hospitals and prisons.<\/p>\n
These plans are underpinned by the government\u2019s commitment to invest over \u00a3100 billion in infrastructure by 2020-21, together with significant investment by the private sector, to deliver important projects that are vital to grow the economy and improve people\u2019s lives.<\/p>\n
More of this investment is now being targeted to bring benefits to the local economy and community. The plan also highlights the government\u2019s commitment to build a Northern Powerhouse, by connecting up the great towns and cities of the North.<\/p>\n
The plan incorporates the latest version of the\u00a0National infrastructure Pipeline\u00a0which highlights over \u00a3425 billion worth of planned investment in over 600 major projects and programmes across the UK to 2020-21 and beyond. In addition the plan sets out \u00a358 billion of public investment for housing and regeneration, education, health and justice.<\/p>\n
The government\u2019s infrastructure plans are already making a real difference on the ground. Since 2010 around 3,000 individual infrastructure projects have been completed across the UK including major new road improvements and local transport schemes, improvements to hundreds of rail stations and more than 20GW of new electricity generating capacity. This is in addition to transformational projects such as Crossrail and the Mersey Gateway Bridge that are now well underway.<\/p>\n
Speaking at the Institution of Civil Engineers, Commercial Secretary to the Treasury Lord O\u2019Neill said:\u00a0 From more modern transport links, to faster broadband, better infrastructure is at the heart of our plans to build a more productive economy and improve people\u2019s everyday lives.\u00a0 That is why we are stepping up with the private sector to invest in some of this country\u2019s most ambitious projects to create a more secure future for the next generation.\u00a0 This government is determined, even at a time of global uncertainty, to invest in the long-term projects that will make our economy and our country fit for the future.<\/p>\n
Chief Executive of the Infrastructure and Projects Authority, Tony Meggs said:\u00a0 This plan sets out details of infrastructure investment by government and the private sector across all sectors and regions. It describes not only what we are going to build, but also how we will prioritise investment and work with industry to improve delivery.\u00a0 Through the new IPA we will continue to support delivery of the government\u2019s priority projects and ensure we remain on track to deliver.<\/p>\n
Nick Baveystock, Institution of Civil Engineers (ICE) Director General, said:\u00a0 The National Infrastructure Plan has evolved steadily since 2010, and this new iteration of the plan and pipeline builds on the progress made, improving visibility for the supply chain and investor community. The shift in focus to delivery over five years sets a fresh tone \u2013 one of \u2018spades in the ground\u2019 \u2013 and we welcome the recognition that this must be complemented by a vision for the longer term. This brings to the fore the role of the National Infrastructure Commission in setting out the UK\u2019s priorities up to 2050, and the importance of a robust needs assessment to underpin the vision.<\/p>\n
Key report highlights:<\/p>\n
The establishment of the Infrastructure and Projects Authority, alongside the independent National Infrastructure Commission, lays the foundations to improve our ability to make better decisions on future infrastructure; support and improve project delivery; and provide the confidence needed by industry and investors.<\/p>\n
It brings together the expertise of Infrastructure UK and the Major Projects Authority to improve delivery of major government projects. It will report back every year on progress that has been made in delivering these plans.\u00a0 Average annual infrastructure investment (public and private combined) rose by 17% in real terms in the last Parliament, when compared to the preceding one.<\/p>\n
The government has also today published a new\u00a0Construction Strategy\u00a0that commits to reducing the cost of projects by \u00a31.7 billion during this parliament through the use of innovation and efficiency.<\/p>\n
View the press release<\/a><\/p>\n View the NIDP<\/a><\/p>\n View the Government Construction Strategy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" A new National Infrastructure Delivery Plan has been launched which describes the intended government priorities for infrastructure development for the next five years, including regeneration works and property investment and a new Government Construction Strategy has also been launched which … Continue reading