Skip to main content

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.

Related Content

  • Italy’s rental sector on the rise, according to Assodimi-Assonolo
    March 2, 2016
    The machinery and equipment hire sector in Italy saw a slight upturn in business for 2015 over that for 2014, a rise of 0.7%. The hire sector is worth more than €1.3 billion, with the main products being scaffolding and cranes – about €360 million. Platform rentals were around €280 million and earth moving machinery totalled €260 million. Prefabricated modules brought in €100 million, while power generator sets were around €110 million. The incremental improvement was likely due to an “Expo effect”, a
  • IRF Road Scholar Program 'a tremendous success
    April 11, 2012
    IRF is continuing its proven programme of developing the skills and knowledge of young highway professionals Asked what his career goals are, Leslie Mills, an aspiring civil engineer from Ghana indicates he hopes, "...to be part of the next generation of African engineers that will help solve some of the fundamental ills affecting transportation infrastructure in Africa." The 63rd class of IRF fellows attended a 10 day IRF road scholar programme from January 18 to 27, 2012. "The potential of building a pro
  • Kenya port suspension bridge project makes progress
    January 15, 2019
    A new suspension bridge in Kenya’s key port city, Mombasa, will help unlock potential – Shem Oirere reports Plans for the construction of a US$200 million suspension bridge in Kenya heva moved a notch higher. The country's urban roads agency recently announced the shortlisting of three bidders for the design, finance, construct, operate, maintain and transfer public private partnership (PPP) contract model. Kenya Urban Roads Authority (KURA) is a state agency that manages, develops, rehabilitates and mai
  • Built Environment Carbon Database launched
    October 12, 2023
    The UK's BECD will allow precise calculation of the embodied carbon in all elements of a project, rather than an estimated single value for an overall project.