Infrastructure will be key to both business and the government’s aspirations to build back better and level up. The pandemic has put the delivery of many infrastructure projects to a halt and left the future of major programmes uncertain. With public finances constrained, the private sector will have a key role in filling this investment gap.
“Business agrees that issues around procurement practices; risk transfer in infrastructure projects; the National Infrastructure and Construction Pipeline; and investment models will all need to be addressed to ensure UK infrastructure can attract more private finance.”Liz Crowhurst, Deputy Director, CBI Policy Unit
It’s clear that a substantial amount of investment is needed if we are to pave the way for these critical infrastructure projects to go ahead.
Of the projected £600bn infrastructure investment pipeline for the next ten years, half is forecast to come from the private sector
In the water sector alone, companies have invested more than £150bn in the last 30 years
The UK Infrastructure Bank's first £107m loan at South Bank Quay will provide opportunities for manufacturing, storage and mobilisation of wind technology
The CBI campaigns tirelessly on behalf of our members so that business creates prosperity for all. Learn more about the work we do and the impact we are making on this issue.
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To ensure business can make its maximum contribution to the public sector delivery of public services and infrastructure, a fresh approach to contract management as well as finding new ways of financing and funding infrastructure are needed. Join the conversation.