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

  • Rural roads important to global development
    April 12, 2012
    Maryvonne Plessis-Fraissard highlights that the key importance of rural roads in the context of global development is only now being fully recognised, is not receiving enough attention and is facing vital new challenges Rural roads have only relatively recently received attention in development research. The International Bank for Reconstruction and Development, or World Bank, moved away from the World War II reconstruction mandate during the early 1960s to start, and address, the "Third World" developme
  • A pothole damage breakthrough?
    April 11, 2013
    Academic research by two universities in the same UK city shows that patch repairs on potholes could be far more durable if a few simple techniques were consistently used. Guy Woodford reports. Repairing pothole damage to highways and vehicles across Europe costs responsible authorities and individual motorists hundreds of millions of euros each year. Yet it has cost just €20,204 to make the potentially crucial first step in identifying a method of keeping highways across the continent and beyond pothole fr
  • IRF World Congress: Road user charging
    October 16, 2024
    Where will the money come from to develop and maintain tomorrow’s sustainable road network, no mater in what nation? This was the focus of another session at the IRF World Congress in Istanbul of day of the three-day event.
  • Bauma China 2014 during boom time for Chinese infrastructure investment
    January 6, 2014
    The significance of this year’s Bauma China exhibition in Shanghai has been highlighted by new figures showing that China invested US$220.27 billion (RMB 1.346 trillion) in civil engineering and infrastructure projects in the first six months of 2013 – with the National Bureau of Statistics of China claiming a year-on-year increase of more than 21%. The largest share of H1 2013 investment went into road-building, with Bernd Schaaf of Germany Trade & Invest (GTAI), Germany’s economic development agency, rep