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

  • Alberta halts PPP contract use after a major projects review
    May 9, 2016
    The Canadian province of Alberta has put a halt to further public-private partnership projects pending a provincial government cabinet decision on their use. Alberta infrastructure minister Brian Mason said the New Democratic Party government isn’t declaring a moratorium on P3s. However, he said that he plans to stick to the traditional methods of funding as he launches a five-year US$27 billion capital construction programme. The Calgary Sun newspaper quoted Mason saying “there are real questions abo
    Read More
  • UK to cut down on “disruptive roadworks”
    January 15, 2024
    The announcement comes today, on the UK’s annual so-called National Pothole Day.
    Read More
  • Clean hydrogen fuel on road
    April 30, 2025
    A new ruling means clean hydrogen fuel can be used on road for construction machines
    Read More
  • High-tech, high places: 3M in US and MetService in New Zealand
    August 1, 2017
    The US state of Michigan sets up a high-tech test road while New Zealand’s transport officials buy in some high-tech weather forecasting. The road safety division of 3M will provide the US state of Michigan with lane markings and retroreflective signs for a connected vehicle technologies trial along the I-75 highway. Around 5km of the Interstate 75 work zone in Oakland County will be transformed over the next four months to improve safety for drivers and test advanced vehicle-to-infrastructure technologie
    Read More

Highlighted Content