William Eichler 06 December 2017

Whitehall infrastructure plans could save £15bn

Whitehall infrastructure plans could save £15bn

The Government estimates new plans published today to improve the country’s infrastructure and boost the construction sector’s productivity could save up to £15bn.

The Transforming Infrastructure Performance programme has been published alongside the £600bn National Infrastructure and Construction Pipeline, which sets out projects for the next 10 years.

The pipeline, which includes both public and private investment, is designed to give certainty to industry that the Government is investing in infrastructure. It also aims to encourage the construction sector to invest in the right technology and skills to meet demand.

The Transforming Infrastructure Performance programme sets out how the Government will ensure these projects are delivered swiftly and efficiently over the long-term.

‘We are backing Britain with a record amount of infrastructure investment as we build an economy fit for the future. That’s why we’re working with the industry to skill up and scale up for the challenges ahead,’ said Andrew Jones MP, Exchequer Secretary to the Treasury.

‘Investing in infrastructure boosts productivity for the economy as a whole. The scale of the investment we are talking about here will deliver a step change for our country.’

Transport secretary Chris Grayling said: ‘We’re undertaking the most ambitious improvements in our transport network this country has seen for decades.

‘But we must also drive forward plans to ensure these infrastructure projects are completed on time and on budget.

‘World-leading projects such as Crossrail, the Ordsall Chord and the huge investment programme in our major roads show that Britain can deliver on time and on budget, boosting jobs and growth and creating new opportunities across the nation.

‘But we want to do better. This strategy shows the way and sets out our standards for how we will do more and better in future.’

 
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