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

  • Moscow to turn from implementation of Fourth Ring Road project
    January 5, 2016
    The Moscow City Government plans to complete building of the North-East and North-West Chords, two of the biggest road building projects in the city for the last 15 years The links will be completed during the next several months, according to an official spokesman of the Moscow Government. Both roads are considered as a cheaper alternative to the Fourth Ring Road, the construction of which was considered by the Moscow Government several years ago. However due to huge costs, which are estimated at mo
    Read More
  • 2020 vision for waste recycling
    February 22, 2013
    Brussels calls for 70% recycling of construction waste by 2020 but *Peter Craven asks if there is a greater target to be achieved in the UK. In the UK, over 90 million tonnes of construction, demolition and ground excavation (CD&E) waste is generated each year from construction, demolition and civil engineering projects. Across Europe this figure is well in excess of 1000 million tonnes and represents a valuable and sustainable asset to the construction sector, as well as protecting natural resources. The r
    Read More
  • New techniques for tackling congestion
    December 8, 2015
    Transport experts from the Royal Academy of Engineering are proposing methods to reduce traffic congestion. These proposals are included in a discussion document intended to stimulate debate on congestion issues. The working group behind the paper includes industry experts and academic researcher. The team looked at technology and policy measures that could reduce congestion in the most critical transport sectors by 2030, evaluating which measures would be effective and value for money.
    Read More
  • Infrastructure funding for US projects will be used
    September 3, 2012
    The US Government is looking to ensure that unused funding for infrastructure projects will be used efficiently. Those projects that have stalled due to other issues may see existing funding reassigned to other infrastructure projects that are further ahead. The US Transportation Secretary Ray LaHood is making over US$470 million earmarked for projects
    Read More

Highlighted Content