ICE director general, Nick Baveystock joined Treasury chief secretary Danny Alexander and Treasury commercial secretary Lord Deighton at the launch of the National Infrastructure Plan (NIP) at the ICE’s One Great George Street headquarters on 2 December.
Baveystock chaired the event attended by 200 industry leaders, policy makers, government officials and the press. Alexander outlined the government’s £466bn plan for UK infrastructure as part of the Autumn Statement.
Highlights included plans to spend £15bn on roads as part of a new Roads Investment Strategy and the allocation of £2.3bn previously announced funds to over 1,400 flood defence schemes across the country. Deighton then discussed the government’s commitment to deliver the NIP.
The ICE said the NIP “must continue to evolve, with more of a focus on delivery” and welcomed the latest version. It also welcomed a more strategic approach to UK roads and the swift allocation of the £2.3bn investment in flood risk management announced earlier this year.
It added however that maintenance funding would still be allocated annually, and called for a longer term investment programme for maintenance which complements the six year capital commitment.