The UK government’s centre of expertise for infrastructure and major projects, the Infrastructure and Projects Authority, has released a document detailing estimated levels of investment over the coming decade – investment is projected to hit over £600 billion.
Analysis of the National Infrastructure and Construction Pipeline
The “Analysis of the National Infrastructure and Construction Pipeline”, which was released at the end of November, assesses announced projects, programmes, and other spending commitments.
The latest document has outlined that there will be over “£600 billion of projected public and private investment over the next 10 years”.
Although the UK’s infrastructure plans may seem ambitious, impressive progress has been made since 2010, as 98% of the long-term national priority infrastructure projects have been completed or are on track to be delivered – this includes major projects in sectors such as transport, energy and flood defence across the UK.
Gain Visibility of Commercial Projects
This document, which is published annually, is extremely beneficial for suppliers looking to expand their opportunities. Tony Meggs, Chief Executive, Infrastructure and Projects Authority, has said that:
“By publishing the pipeline, we are able to provide visibility, knowledge, and understanding of where infrastructure investment is being made and by whom. By publishing projections of longer term investment, we aim to boost market confidence and help the sector with business planning.”
Find Commercial Projects
To ensure that your organisation is fully aware of the opportunities available to it in the commercial marketplace, learn more about Tracker’s Commercial Projects tool. This module enables users to become more proactive when sourcing valuable opportunities, as they can gain access to all planning applications and decisions within 24 hours of publication.
To discover how your business can provide goods, works, and services across all stages, pre, mid and post construction, request a demo with a member of the Tracker team.