THE National Infrastructure and Construction Pipeline 2021 has been released by Barbour ABI, in partnership with the Infrastructure and Projects Authority.
The National Infrastructure and Construction Pipeline sets out planned procurements, planned and projected investment, and workforce requirements in construction and infrastructure over the next decade.
This year’s pipeline is being billed as the most comprehensive that has ever been published, with investments, as well as benefits, being spread throughout the country.
For the first time, the pipeline sets out the annual average workforce requirements to deliver the planned investment. It is projected that 425,000 jobs will be supported and protected annually on average through the investment set out in this pipeline.
Neil Humphrey, COO at Waterman and chair of the Association for Consultancy and Engineering’s (ACE) procurement and pipeline group said:
“Full transparency in this area is crucial to ensuring our members have the right mix of skills, expertise and experience to deliver ambitions to Build Back Better.
“The volume and scope of the projects and programmes in the pipeline reveals some of the detail behind commitments for post-pandemic recovery and, longer-term, to a Net Zero future. I’m pleased that ACE was able to support its members to deploy capabilities to best-effect by ensuring that additional project details were provided this year. This was a simple but common-sense improvement which will ensure the document is even more useful for the industry.“
Highlights of the National Infrastructure & Construction Pipeline 2021 include:
- Planned and projected investment of over £650bn over the next decade, the highest figure ever reported.
- Over £30bn of planned procurements over the next 12 months, which will help suppliers make critical business decisions as the country emerges from the coronavirus crisis.
- More than £89bn of investment in social infrastructure across the next decade.
£22bn+ of planned procurements in the Modern Methods of Construction market across the next 12 months, and over £78bn of investment to be substantially delivered via MMC.