{"id":136729,"date":"2024-02-02T15:39:20","date_gmt":"2024-02-02T15:39:20","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=136729"},"modified":"2024-02-02T15:39:20","modified_gmt":"2024-02-02T15:39:20","slug":"ipa-pipeline-predicts-775bn-investment-infrastructure-construction","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/ipa-pipeline-predicts-775bn-investment-infrastructure-construction\/136729\/","title":{"rendered":"IPA pipeline predicts \u00a3775bn of investment in infrastructure and construction"},"content":{"rendered":"<h2>There are 660 projects scheduled over the next decade, according to the new <a href=\"https:\/\/www.gov.uk\/government\/publications\/national-infrastructure-and-construction-pipeline-2023\/analysis-of-the-national-infrastructure-and-construction-pipeline-2023-html\" target=\"_blank\" rel=\"noopener\">National Infrastructure and Construction Pipeline<\/a> from Whitehall&#8217;s Infrastructure and Projects Authority (IPA)<\/h2>\n<p>The IPA&#8217;s latest pipeline has been published as the industry readies itself for the Spring Budget.<\/p>\n<p>The 2023 pipeline shows 660 projects and programmes across the public and private sectors and \u00a3164bn of investment planned for the next two years.<\/p>\n<h3>Key features of the IPA pipeline include:<\/h3>\n<ul>\n<li>\u00a3700-775bn of planned and projected investment expected over the next 10 years, with \u00a3215bn to be spent from 2025\/26 to 2032\/33<\/li>\n<li>\u00a364bn worth of investments include delivery through Modern Methods of Construction (MMC) in the next two years<\/li>\n<li>\u00a322bn of forthcoming infrastructure procurements<\/li>\n<li>\u00a3233.88bn of investment in transport<\/li>\n<li>\u00a3315.83bn to be invested in the energy sector<\/li>\n<\/ul>\n<h3>HS2&#8217;s replacement, Network North, is mentioned in the pipeline<\/h3>\n<p>The \u00a336bn package of local transport developments was announced last October by prime minister Rishi Sunak after the Government<a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/industry-reacts-to-confirmed-axing-of-hs2-manchester\/133197\/\" target=\"_blank\" rel=\"noopener\"> cancelled the Manchester leg of HS2.<\/a><\/p>\n<p>Investment outlined in the 2023 IPA pipeline includes a &#8220;commitment to expand Northern Powerhouse Rail&#8221;, as well as allocating \u00a38.3bn to road resurfacing in England, delivering a mass-transit system in West Yorkshire, and providing \u00a38.55bn of funds through the City Region Sustainable Transport Settlement.<\/p>\n<h3>Renewing Government focus on MMC<\/h3>\n<p>The planned \u00a364m investment in modern methods of construction (MMC) follows calls for <a href=\"https:\/\/www.pbctoday.co.uk\/news\/mmc-news\/government-mmc-initiativies\/136471\/\" target=\"_blank\" rel=\"noopener\">greater detail and transparency on MMC spending<\/a>.<\/p>\n<p>IPA chief executive Nick Smallwood said he was \u201cpleased to see\u201d the \u00a364bn investment in MMC and called for \u201cfurther and faster\u201d modernisation of building methods, including \u201cputting digitalisation at the forefront of planning\u201d.<\/p>\n<h3>A lack of specific details on the infrastructure projects has raised concerns<\/h3>\n<p>The analysis acknowledges that there is &#8220;uncertainty on the delivery profile for a number of individual projects&#8221;, which echoes the response of some industry voices.<\/p>\n<p>UK &amp; Ireland president of AtkinsR\u00e9alis, Richard Robinson, said: \u201cThe long-awaited National Infrastructure and Construction Pipeline publication provides industry with a welcome view of planned investment in the short term but a rather uncertain picture of projected investment over the next decade.<\/p>\n<p>\u201cWhilst longer term uncertainty is somewhat inevitable, the known scale of infrastructure transformation required in the coming decades is not currently represented in the pipeline.&#8221;<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>There are 660 projects scheduled over the next decade, according to the new National Infrastructure and Construction Pipeline from Whitehall&#8217;s Infrastructure and Projects Authority (IPA). <\/p>\n","protected":false},"author":25,"featured_media":136731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[997,673,276,579,916],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-136729","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-planning-construction-news","8":"tag-development","9":"tag-energy","10":"tag-government","11":"tag-infrastructure","12":"tag-modern-methods-of-construction"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IPA pipeline predicts \u00a3775bn of investment in infrastructure and construction<\/title>\n<meta name=\"description\" content=\"There are 660 projects outlined over the next decade, according to the new National Infrastructure and Construction Pipeline from the IPA\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/ipa-pipeline-predicts-775bn-investment-infrastructure-construction\/136729\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IPA pipeline predicts \u00a3775bn of investment in infrastructure and construction\" \/>\n<meta property=\"og:description\" content=\"There are 660 projects outlined over the next decade, according to the new National Infrastructure and Construction Pipeline from the IPA\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/ipa-pipeline-predicts-775bn-investment-infrastructure-construction\/136729\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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