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

  • ICE calls for more government action to boost road and rail investment
    April 24, 2012
    The Institution of Civil Engineers (ICE) has called on the British government to include measures to boost road and rail network investment in next month’s budget. ICE says the budget, set to be unveiled on 21 March, 2012, needs to encourage pension funds to invest in UK infrastructure projects. The government plans to establish an investment vehicle to pool pension fund assets for new projects under the National Infrastructure Plan. The Confederation of British Industry (CBI) estimates that upgrading the U
  • A new transportation project for Northern Southeast Asia
    March 2, 2022
    Transport in Northern Southeast Asia is to benefit from a new US$145 million project
  • Belt & Road: IRF to lead the Green & Sustainable Transport Committee
    September 4, 2019
    IRF (Geneva) was pleased to support again this year the World Transport Convention (WTC) organised by China Highway & Transportation Society (CHTS) – an esteemed member of IRF - in Beijing on 13th-16th June 2019. WTC offered the background for hosting the plenary session of The Belt & Road Transport Alliance (BRITA) during which IRF has signed agreement to lead the Green & Sustainable Development Committee. The World Transport Convention (WTC) - at its third successful edition this year - is becoming
  • Czech republic needs more investment in road safety
    July 11, 2012
    In 2001, the European Commission set the ambitious goal of halving the deaths on Europe's roads by 2010. While significant progress has been made over the years, it is clear that only a few countries are expected to reach this target. More needs to be done! The Brussels Programme Centre of the International Road Federation (IRF BPC®), as a signatory to the European Road Safety Charter, has over the years been actively involved in the efforts to improve road safety and reduce fatalities.