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

  • New UK road link planned
    August 25, 2020
    A new UK road project is being planned.
    Read More
  • Improve highway barriers to cope with higher speed
    February 24, 2012
    The UK association Britpave, the British In-situ Concrete Paving Association group, is keen to ensure that the country’s major highways will be able to cope with proposed speed limit increases. According to Britpave much of the UK motorway central reservation barriers may not be fit-for-purpose if the speed limit is increased from112-128km/h (70-80mph) as proposed recently.
    Read More
  • EU to invest €4bn in Polish transport projects
    November 22, 2013
    Major Polish transport projects connected to the TEN-T transport network and the Connecting Europe programme are to receive €4 billion of European Union funding. The S3 road from Nowa Sol to Hradec Kralove is among the Polish TEN-T road project works benefiting from the new EU fund. As part of the Connecting Europe Scheme, the €4 billion EU investment will also cover works on two major border road schemes: the S69 road from Bielsko-Biala, and the S61 from Augustow.
    Read More
  • Alleviating Moscow's ring road congestion
    April 10, 2012
    The US$10.5 billion CKAD (Moscow Region Ring Road), being planned and procured under the direction of the Ministry of Transport of Russia, is just one of the roads highlighted at the Moscow Forum.
    Read More

Highlighted Content