The Government has announced its fourth national infrastructure plan which includes over £375 billion of planned public and private sector investment.
The plan not only sets out investment for energy, transport, flood defence, waste, water and communications infrastructure up to 2030 and beyond but comes at the same time as six major insurers have revealed plans to collectively invest £25 billion in UK infrastructure over the next five years.
The Treasury believes the National Infrastructure Plan provides the visibility and improved certainty industry has been looking for in order to commit to big investments.
It is also suggested the plan shows the government is delivering a long term strategy to make sure the UK tackles decades of under investment and moving forward, is able to provide the infrastructure required to compete in the global race.
Recent Comments