Skip to main content

UK sets out transport investment plans

The UK Government has released its National Infrastructure Plan 2013 (NIP2013) at an event held in London at the Institution of Civil Engineers (CIHT). The National Infrastructure Plan 2013 sets out the UK Government’s vision and strategic objectives for infrastructure by assessing the needs, now and in the future, setting out a policy approach, identifying priority projects and providing a plan for delivery. The scheme will fund improvements to the A50 around Uttoxeter starting no later than 2015 to 2016,
December 5, 2013 Read time: 2 mins
The UK Government has released its National Infrastructure Plan 2013 (NIP2013) at an event held in London at the 5180 Institution of Civil Engineers (CIHT). The National Infrastructure Plan 2013 sets out the UK Government’s vision and strategic objectives for infrastructure by assessing the needs, now and in the future, setting out a policy approach, identifying priority projects and providing a plan for delivery. The scheme will fund improvements to the A50 around Uttoxeter starting no later than 2015 to 2016, while there will be no tolling on the planned A14 scheme between Cambridge and Huntingdon, construction of which is planned to start in 2016. The Infrastructure Pipeline published alongside the plan will provide a comprehensive overview of planned and potential UK infrastructure investment. Included in the scheme is financing with six major insurers investing £25 billion over the next five years.

Sue Percy, CIHT Chief Executive said, “Transport infrastructure plays a vital role across the whole spectrum of society and impacts on both economic growth and social development. A balanced long-term investment programme that focuses on transport infrastructure will retain and create jobs and provide a major catalyst for sustained economic recovery. The funding and delivery of UK infrastructure needs to change to ensure that the UK competes globally.  Funding sources need to be in place over the short, medium and longer term. CIHT welcomes the confirmation that six insurers will invest £25 billion over the next five years.”

For more information on companies in this article

Related Content

  • The IRF India Regional Conference is seeing its 9th edition this year
    July 7, 2015
    The IRF Geneva said that India has the dubious distinction of claiming the highest number of fatalities by road crashes. More than 10% of road-related deaths occur in India alone, and this poses a serious challenge, being the major killer of young and productive lives. While India’s infrastructure programme is being lauded all over the world and high rate of growth has been achieved for the 1.25 billion strong democracy, a significant 3% of the GDP is lost every year due to the uncontrolled and unmanaged
  • Users will drive investment policy, say keynote speakers at PPRS 2018
    March 26, 2018
    The world’s highway networks are facing “a major paradigm shift” from a past that was based on hardware, engineering, economic, analogue, vehicle and supply driven solutions to a future that will be based instead on software, social, environmental, digital, multi-modal demand-driven solutions. Think road users and the customers first if you want to help drive future road policy said Young Tae Kim, secretary general of the International Transport Forum (ITF), speaking at the opening ceremony of PPRS 2018
  • Merseylink wins US$3.12bn Mersey Gateway Project contract
    June 20, 2013
    Merseylink was today announced as the preferred bidder for the US$3.12 billion (£2bn) Mersey Gateway Project in North West England. Making the announcement together in the observatory in the Catalyst Museum in Widnes overlooking the River Mersey, Halton Borough Council and Merseylink also confirmed they have jointly identified savings amounting to “tens of millions of pounds” on the projected public sector contribution to the project budget.
  • Senior ADB figure urges governments to act on sustainable transport
    September 27, 2013
    Multilateral development banks (MDB) are determined to do all they can to encourage governments of developing countries meet key sustainable transport targets, according to a senior figure at one of the world’s biggest MDB’s. Guy Woodford reports Tyrrell Duncan, Asian Development Bank’s (ADB) director of Transport and Communications Division, East Asia has been at the forefront of MDB efforts to enhance sustainable transport and road safety in developing countries. Speaking during a break in talks at the In