Construction Projects Worth £600bn Now In The Pipeline

Burflex House, Clay Street, Hull, East Yorkshire, HU8 8HA E. info@burflex.co.uk

Burflex House, Clay Street, Hull, East Yorkshire, HU8 8HA E. info@burflex.co.uk

Construction Projects Worth £600bn Now In The Pipeline

Construction Projects Worth £600bn Now In The Pipeline

Scaffolding companies in Leeds and elsewhere around the UK may well find themselves increasingly busy in the near future, thanks to the government’s National Infrastructure and Construction Pipeline which forecasts £600 billion worth of infrastructure investment over the next ten years.

The next decade will see this amount invested in our schools, hospitals and roads, and to ensure maximum efficiency in these projects the government is now encouraging greater use of modern approaches to construction, including the manufacturing of parts in factories using the latest digital technology before they’re sent for assembly on site.

The scale of public and private investment expected come the year 2028 has been revealed, including schemes like the £28 billion national roads fund and flagship projects like upgrading the M6 to a smart motorway, Hornsea Project One (the biggest offshore wind farm in the world) and East West Rail.

Although the construction sector does make significant contributions to our economy, the industry’s productivity is low compared to other sectors such as manufacturing. Applying modern manufacturing processes and procedures to building projects can help improve productivity and reduce waste by up to 90 per cent – so a school that would once have taken a year to build could be finished in just over four months!

“Over the course of this parliament, investment in economic infrastructure will reach the highest sustained levels in over 40 years. And as the pace of technological change accelerates, we are stepping up our commitment to digital infrastructure, use of data to drive greater productivity and embrace new methods of construction.

“With £600 billion of investment over the next decade, including the largest ever investment in our strategic road network, we are taking the long-term action required to raise productivity and ensure the economy is fit for the future,” Robert Jenrick, the exchequer secretary to the Treasury, said.

A recent report from the House Building Federation showed that there was been a 74 per cent hike in housebuilding activity over the last four years across England and Wales, a rise that is worth £38 billion a year and which supports nearly 700,000 jobs.

Last year, £12 billion was invested in land for new homes, while £841 million was provided for infrastructure, including £122 million for new and improved schools.

The industry has now called on the government to prioritise further improvements to the policy framework, which has seen this output grow in recent years. This can be achieved by providing certainty as to the future of the Help to Buy scheme after 2021, with the scheme underpinning demand for new homes when the housing market in its entirety has slowed.

If you’ve got a construction project in mind and need any help with scaffolding, do get in touch with us here at Burflex today.