KPMG highlights big transport spend plans, but flags pipe dream risk

Lee Baker
13 August 2014
The analysis finds a huge dominance of road and rail schemes in construction plans for the next decade
The analysis finds a huge dominance of road and rail schemes in construction plans for the next decade

 

An analysis of the UK Government's construction pipeline has highlighted that transport projects dominate the planned construction spend at a total of £66bn, accounting for over half of the pipeline value.

KPMG looked at the £116bn forecast spend by central and local government in the pipeline, covering three spend periods, 2014-16, 2016-2020, and 2020 and beyond. They found that only seven per cent of all the projects are due to complete before 2016, and a third of projects currently have no specified completion date.

Their analysis, detailed in a full report available here, also uncovered that by value one-third of the projects are in southern England.

Richard Threlfall, KPMG's UK head of infrastructure, building and construction, said: "Our analysis shows the huge dominance of rail and road schemes. But it is concerning that a third of the total projects currently have no specified completion date, as industry confidence in the pipeline would be improved if there was certainty around timescales to get schemes delivered."

 

Healthy Streets Principal Traffic Engineer
Bristol City Council
100 Temple Street Redcliffe Bristol BS1 6AN
£38,296 to £ £43,421 (Career Grade BG12)
Healthy Streets Traffic Engineer Technical Lead x2
Bristol City Council
100 Temple Street Redcliffe Bristol BS1 6AN
BG13 £45,718 - £48,710
Healthy Streets Senior Traffic Engineer
Bristol City Council
100 Temple Street Redcliffe Bristol BS1 6AN
£37,336 to £39,186
View all Vacancies
 
Search
 
 
 

TransportXtra is part of Landor LINKS

© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design london by Brainiac Media 2020