The Infrastructure and Projects Authority (IPA) has published the National Infrastructure and Construction Pipeline setting out 660 projects and programmes to be delivered over the next 10 years with an estimated investment of £700 †£775 billion.
The next two years will see a total of £164 billion invested in economic and social infrastructure, with energy (£36 billion a year) and transport (£19 billion a year) representing the largest sectors.
Aimed at building confidence in the industry and helping companies plan for the longer term, the pipeline also includes an estimate of the workforce required to deliver it and the new ways of working required. Whilst it is reassuring that the Government has published its pipeline, Build UK has made it clear that the real value for the industry is understanding the detail of the projects and having the certainty that they will be delivered within the timeframe.
