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Infrastructure workloads fall again

Infrastructure workloads fell in the second quarter of 2012 despite government attempts to kickstart the sector, a survey has found.

A net balance of 4 per cent of respondents to the latest Construction Market Survey by the Royal Institution of Chartered Surveyors saw infrastructure workloads drop over the past three months.

The government last year signed a memorandum of understanding with UK pension funds, which it hoped would bring £20 billion of investment into UK infrastructure.

RICS chief economist Simon Rubinsohn said: “Infrastructure workloads failed to pick up despite the government’s attempts to boost the sector through private investment.

“More action to back up the rhetoric is urgently needed if the construction industry is to play a meaningful role in driving the economy forward over the next few years.”

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