Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Cameron seeks to encourage privately funded infrastructure

Prime minister David Cameron has confirmed that the government is preparing to relax regulations on infrastructure investment to make projects more attractive to the private sector.

‘Re-writing planning rules’, Cameron says

Cameron told the CBI annual conference this week that chancellor George Osborne will use next week’s Autumn Statement to try and tempt in private cash to kick start key infrastructure projects.

“Next week the chancellor will be setting out the next stage of our plan to transform the nation’s infrastructure, not with more government borrowing, but by using all the other tools at the government’s disposal to take a more strategic and proactive approach to infrastructure,” he said.

“That’s something this country has long lacked,” he said. “In short, we are putting in the money, leveraging the power of the private sector, and reshaping the rules to break decades of failure and build world-class infrastructure to support a world-beating economy.”

Cameron said the coalition government had protected capital spending and committed to projects like Crossrail.

But he admitted that some of the cash required will have to come from the private sector. “We’re rewriting planning rules so the construction industry can grow,” he said.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.