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

  • Ecuador’s president Correa announces Strategic Mobility Plan
    November 15, 2016
    President of Ecuador, Rafael Correa, announced that the national government will implement the Strategic Mobility Plan until 2030, which will require public and private investments of USD 38bn (EUR 33.83bn). The Minister of Transport and Public Works, Boris Cordova, further added that the primary objective of the initiative will be to expand some of the national routes and to convert them into motorways, in order to accommodate the mounting logistical needs of the growing national economy. With the projects
  • Australia’s US$11 billion transport infrastructure boost
    May 23, 2024
    Australia is planning a US$11 billion transport infrastructure boost.
  • Plenty of Energya to deliver job site sustainability
    July 10, 2023
    CIFA has a rich innovation history and a bright future, demonstrated by the concrete machinery specialist's strong presence at the 31st edition of SaMoTer in Verona (3-7 May 2023). Guy Woodford spoke to Marco Polastri, CIFA's sales, aftersales and marketing director, at the well-attended exhibition to hear more about the Italian company's present and future.
  • IRF Global Road Achievement Awards winners
    March 15, 2012
    The International Road Federation (IRF) recognised the winners of the 2011 Global Road Achievement Awards (GRAA) Competition at the 11th Annual IRF Awards Luncheon in front of an audience comprising hundreds of high-level government officials, top executives, and other road industry professionals.