The government’s latest National Infrastructure Pipeline includes £25.6 billion-plus of programmes and one project by the UK water sewerage companies, together with an investment of £3.5 billion-plus in flood defence work.
The infrastructure pipeline provides a bottom-up assessment of planned investment in infrastructure, across both public and private sectors, to 2020 and beyond.
The pipeline sets out the planned annual spend on a sector-by-sector basis from 2015-16 to 2020 and beyond.
The £25.7 billion spend in the water sector consists of 28 programmes and 1 project – the Thames Tideway Tunnel , which is valued at £3.27 billion, with the £3.51 billion flood defence spend covering 22 programmes and 5 projects.
|
Year by year |
Water (£m) |
Flood defence (£m) |
|
2015/16 (£m) |
£4,431.3 |
£450.8 |
|
2016/17 (£m) |
£4,795.7 |
£446.5 |
|
2017/18 (£m) |
£4,748.5 |
£455.7 |
|
2018/19 (£m) |
£4,477.2 |
£462.0 |
|
2019/20 (£m) |
£3,953.0 |
£403.3 |
|
2020/21 (£m) |
£0.0 |
£413.0 |
|
Post 2020/21 (£m) |
£0.0 |
£881.1 |
|
Total (£m) |
£25,677.2 |
£3,512.4 |
The summer refresh of the pipeline provides the most robust, forward-looking infrastructure pipeline to date. It includes more detail than ever before on the status of UK infrastructure projects.
The total value of the refreshed infrastructure pipeline is £411 billion, consisting of projects and programmes worth £50 million or more across communications, energy, flood defences, science & research, transport, waste and water.
With 265 programmes and 299 projects in the pipeline, annual spending figures are expected to average around £48 billion over the next five years
£264 billion (64%) of the pipeline is funded solely by the private sector, £46 billion (11%) of projects have mixed private/public funding, with the remaining £101 billion (25%) of the pipeline, by value, publicly funded by taxpayers.
The two largest sectors, Energy (£245 billion, 60% of the pipeline’s value) and Transport (£127.4 billion, 31%) account for 91% of the pipeline’s total value.
Using the pipeline, the government has separately undertaken an assessment has been undertaken of the skills required to deliver the ambitious investment plans. The analysis, which will be published in a National Infrastructure Plan for Skills in September 2015, will identify shortfalls or pinch-points in capacity, which could impact delivery. The government said it will also set out a series of actions and recommendations to drive productivity growth and build the skills required to deliver and maintain world-class infrastructure.