How should the civil engineering industry respond to the 2017 Budget and the clear challenge around productivity?
Elevating Infrastructure is a new event from New Civil Engineer that brings together leaders of Britain’s infrastructure firms and the senior representatives from the government’s Infrastructure & Projects Authority to discuss how our industry can respond and rise to government challenges.
This week’s Budget sets the tone. Chancellor Philip Hammond said: “Regrettably our productivity performance continues to disappoint.”
The Budget was ahead of the publication on Monday of the government’s Industrial Strategy white paper.
Hammond went on to spell out the crucial link between infrastructure spending and the economy: “The key to raising the wages of British workers is raising investment – public and private. We are investing in Britain’s future: Half a trillion pounds since 2010. The biggest rail programme since Victorian times. The largest road building programme since the 70s. The biggest increase in science and innovation funding in four decades. And the two largest infrastructure projects in Europe – Crossrail and HS2. When I took this job I committed to make the battle to raise Britain’s productivity. And thus the nation’s pay. The central mission of the Treasury.”
On Monday an Industrial Strategy will spell out measures to further drive productivity. This will then be followed by an update to the National Infrastructure Pipeline and then, bringing it all together, the launch of a major initiative aimed at transforming the productivity of infrastructure schemes.
The investment is sure to be significant, but in return government is rightly expecting improvements in delivery. The Infrastructure & Projects Authority will play a central role in facilitating the improvements desired and this event will be both an opportunity for IPA to set the challenge but also for the industry to demonstrate how it is able to respond.
- To be held on Tuesday 12 December, 3pm to 6pm in central London
- A stage for government and the IPA to set out the scale of the challenge and the expectation on industry
- A forum for industry leaders to come together to understand and assess the opportunities and expectations in core market sectors
- An opportunity for industry to demonstrate to government its ability to rise to the challenge
- A discussion on how government and industry working together can make the social and economic case for investing in infrastructure
The event will take place under modified Chatham House rules to allow a frank and open dialogue. It will be chaired by New Civil Engineer editor Mark Hansford, will begin with a series of short presentations from the IPA who will set the challenge, and then industry leaders, who will respond.
There will then be a panel discussion with contributions from the floor on how government and industry working together can make the social and economic case for investing in infrastructure.
The event is invite-only will be open only to senior representatives from selected partner companies, representatives from major industry clients such as Highways England and Network Rail and representatives from major industry bodies such as ICE, CECA and ACE. To express an interest in taking part, please email email@example.com.
A networking drinks reception will follow the summit to allow further discussion.