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

  • Roads a priority in Oman’s $14.8bn infrastructure spend
    May 29, 2013
    An upcoming summit will look at opportunities offered by Oman’s infrastructure plans. Oman is planning to spend some US$14.8 billion on infrastructure in the coming years. The figure, almost half of the country’s 8th Five-Year Development Plan for 2011-2015, has been earmarked for overhauling roads, ports and airports with the objective to link the three modes of transport to improve interconnectivity. Oman’s huge infrastructure will include numerous road projects, bridge structures, tunnel constructions an
    Read More
  • Kohler deal with Platinum Equity concludes
    May 9, 2024
    Kohler’s deal with Platinum Equity has concluded.
    Read More
  • Construction industry bodies call for infrastructure investment in Europe
    May 18, 2012
    The European construction contractors and equipment manufacturers associations (the FIEC and CECE respectively) are calling for increased spending on infrastructure in a bid to stimulate economic growth. “Our industry looks forward to the implementation of the right policies and incentives to nurture sustainable growth and jobs”, said Ralf Wezel, CECE secretary general, during a recent debate organised by the European Forum for Manufacturing (EFM) in the European Parliament.
    Read More
  • ERF participates in 4th Congress on Roads in Bosnia and Herzegovina
    December 8, 2014
    On 18th and 19th September, the Association of Consulting Engineers Bosnia and Herzegovina (UKI BH), a member of the ERF, organised its 4th Congress on Roads, together with the Regional Cooperation Council. The UKI BH brings together stakeholders involved in consulting activities aimed at supporting the companies’ interests and improving the efficiency of the activities developed according to the international rules and regulations. The Regional Cooperation Council promotes the reciprocal cooperation, as
    Read More

Highlighted Content