National Infrastructure Plan reveals £25.6bn of water sector work
The government has published its latest National Infrastructure Plan (NIP) factsheet including 28 programmes and one project in the water sector worth more than £25.6bn in total. The report also includes Flood defence programmes and projects valued at more than £3.5bn.
Programmes outlined in the water sector include AMP6 work covering most of the water and sewerage companies and water-only utilities in England and Wales. The water project is the Thames Tideway Tunnel.
NIP details £411bn worth of refreshed infrastructure projects and programmes in sectors including water, energy, transport, and flood defence. There are 265 programmes and 299 projects in the pipeline. The largest sector featured in NIP is energy, worth £245bn and accounting for 60% of the pipeline's total value.
The pipeline annual spending figures are expected to average around £48bn over the next five years. Sixty-four percent of the pipeline is funded solely by the private sector. Private sector funding comes from a range of sources, including user charges and external financing.
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 enhances visibility and certainty for investors and the supply chain and allows government to work more effectively to ensure that the UK’s infrastructure needs are met.
The pipeline includes large capital projects and programmes of investment worth £50M million or more. Programmes represented in the pipeline may consist of a number of smaller projects grouped together.
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