CIHT welcome the Government's announcement that it will underwrite up to £40bn of investment in infrastructure. The Government has acknowledged the need to try to kick start the stalled infrastructure projects that have been outlined in the National Infrastructure Plan. 

Sue Percy CIHT said, “While we welcome this announcement, there is a need for clear certainty and strong leadership on infrastructure related policies and projects.

"The way the UK funds and delivers new infrastructure projects needs to change to ensure that the UK is able to compete globally. Alternative funding models must satisfy the need for short, medium and longer term projects. CIHT believes that a cross-party group should be established to develop and provide the certainty of a 20 year strategy for transport infrastructure across the UK.

CIHT welcomes this decision by Government and calls on it to continue pushing towards the £250bn infrastructure funding announcement put forward in the National Infrastructure Plan 2011."