UK Government to invest billions in road, rail and energy works

The UK Government is about to underwrite investments in road, rail and energy projects worth €38.94 billion (£33 billion), the Treasury has announced. A total of 40 projects have now pre-qualified for state funding through the UK Guarantees scheme - more than 50% of which are energy projects. The Government guarantees will represent part of the project's capital value. The British Government believes that investing in infrastructure will generate jobs, drive growth and help ensure that the UK remains
October 25, 2013 Read time: 1 min
The UK Government is about to underwrite investments in road, rail and energy projects worth €38.94 billion (£33 billion), the Treasury has announced.

A total of 40 projects have now pre-qualified for state funding through the UK Guarantees scheme - more than 50% of which are energy projects. The Government guarantees will represent part of the project's capital value.

The British Government believes that investing in infrastructure will generate jobs, drive growth and help ensure that the UK remains globally competitive.
Road Structures Highway & Network Management

Related Content

  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
    Read More
  • India's massive highway programme continues
    February 14, 2012
    India's Government is continuing with its huge highway investment programme, with the Indian Road, Transport and Highways Ministry planning to announce US$15.66 billion worth of contracts in the 2011-2012 period.
    Read More
  • Bomag’s president Ralf Junker puts his faith in BIM
    November 8, 2017
    World Highways recently caught up with Ralf Junker, president of BOMAG Group, during the company’s Innovation Days at its headquarters in Germany. David Arminas reports. Ralf Junker hasn’t forgotten his roots. You can put as much machine control as you like on a piece of construction equipment but all that high-technology is for nothing if the build quality isn’t there. Junker knows something about build quality. When he started at BOMAG in 1988, he was in the welding shop, eventually becoming supervisor
    Read More
  • London plans major new road tunnels to give its residents a better quality of life
    September 24, 2014
    London’s transport authority, Transport for London (TfL) is considering orbital and cross-city road tunnels to help reduce pollution in the capital and create more pleasant environments for the residents of its various districts. “We believe we need to think more ambitiously,” TfL’s Michael Colella, currently lead sponsor for HS2, told the British Tunnelling Society conference in London on Wednesday. “We are looking at taking a significant part of our road traffic and in essence burying it and reusing the
    Read More

Highlighted Content