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

  • Australia infra spend could peak in 2019, notes Investment Monitor
    February 14, 2019
    Australia’s construction activity might be slowing down after this year, according to an analysis of the country’s infrastructure activity by Deloitte Access Economics. While a number of factors support an optimistic view that business investment could lift more sharply than forecast over the next two years, latest quarterly Investment Monitor from Deloitte Access Economics is predicting slower growth. “Although the healthy project pipeline will continue to support elevated levels of infrastructure activi
    Read More
  • US highway bill
    August 13, 2012
    After long delays the US Government has finally signed its highway reauthorisation bill. “This is a good, bipartisan bill that will create jobs, strengthen our transportation system and grow our economy,” said US transportation secretary Ray LaHood. “It builds on our safety efforts. The bill also provides states and communities with two years of steady funding to build the roads, bridges and transit systems they need.” Funds for transportation projects will come from the Highway Trust Fund as well as genera
    Read More
  • China banks on the Belt and Road Initiative
    October 8, 2019
    Changsha, the capital of Hunan province, is capitalising on its well-established equipment and componentry manufacturing base as China’s global Belt and Road Initiative gathers momentum.
    Read More
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More

Highlighted Content