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

  • Many Moroccan motorway projects now in hand
    November 11, 2014
    Morocco’s Casablanca-Rabat motorway accounts for almost 20% of motorway tolls in the country, generating US$25.16 million for Autoroutes du Maroc (ADM) in the first half of 2014, a growth of 4.1% from the previous year. With relatively low maintenance costs (mainly used for widening the road) the Casablanca-Rabat motorway is ADM's most profitable route. The 76km route is travelled by 51,000 vehicles/day, far higher than any other motorway. The Berrechid-Agadir motorway (which includes Berrechid-Marrakesh an
    Read More
  • Brazil launches new transport infrastructure investment plan
    August 30, 2012
    The Brazilian government has announced a new transport infrastructure investment plan involving the concession of motorway operations and modernisation of the railway sector. The private public partnerships are predicted to lead to an investment of US$65.68 billion (BRL 133bn) in the next 25 years, including US$ 39.63 billion (BRL 80bn) to be spent in the first five years of the contract.
    Read More
  • Global construction machinery market to rise
    January 20, 2022
    The global construction machinery market looks set to rise to US$250 billion by 2025.
    Read More
  • Future-proofing construction & quarrying equipment sustainability
    February 16, 2023
    Sustainability is a huge topic across the construction and quarrying industry – not just in terms of what can be achieved tomorrow via carbon-free hydrogen fuel cells and hydrogen internal combustion engines of machine fleets, but today, through the use of smart technology to make jobsites more efficient and sustainable by getting work done right first time, every time
    Read More

Highlighted Content