Civils contractors today welcomed the publication of the National Infrastructure and Service Transformation Authority (NISTA)’s new interactive infrastructure pipeline, which sets out details of projects worth more than £530 billion to be delivered in the next ten years.
Building on data from forty government departments, public bodies and regulated businesses, the new interactive online tool provides details of around 780 public and privately led infrastructure projects under construction, in development, or at an early stage of planning, including major transport and energy schemes.
The pipeline outlines details of 780 public and private sector projects to be delivered over the next decade, worth £530 billion, £285 billions of which will be funded solely by the public sector.
This commitment is backed by a new online pipeline tool allowing users to see the national and regional picture of planned investments by both the government and private sector in real time.
David Allen, spokesperson for the Civil Engineering Contractors Association (CECA), and Executive Director of CECA Southern, said: “CECA members have consistently argued that key to delivering the best results is providing industry with clear visibility of the forward pipeline of investment.
“This is essential to maintaining confidence across our sector, and enables businesses to plan efficiently, invest in skills and innovation, and deliver the economic and social outcomes the UK needs.
“The long-term certainty provided by the pipeline published today – and the ease of access that the online tool provides – will boost the infrastructure sector’s delivery capacity, at a time when we need the UK economy to be firing on all cylinders.
“We look forward to working with our members, NISTA, the UK Government, and other stakeholders, to ensure that the entire supply chain takes full advantage of this new tool, which will ultimately deliver improved outcomes for businesses and communities, and drive economic growth across the UK.”
< ENDS >