Place infrastructure at the heart of economic policy
Investment in infrastructure has immediate economic benefits and long-term advantages. But the UK needs a strategic approach from the next government to deliver the infrastructure we need to thrive, according to Andrew Crudgington, ICE Director of External Affairs and Strategy.
The UK’s population is growing, our climate has become increasingly unpredictable and technology is opening up new opportunities for how we can design, operate and use infrastructure. In order to keep pace our next government will need to take a long-term strategic approach to planning and delivering the infrastructure we need to thrive.
Public finances will remain tight for the foreseeable future and government will have no choice but to prioritise. We must not forget however that more than half of the investment set out in the National Infrastructure Delivery Plan will be in privately owned assets, including the vital energy and digital sectors. We are already seeing some worrying indications of investment plans being deferred, perhaps the first sign of a Brexit effect. Further uncertainty would be, to say the least, unhelpful.
So, against this backdrop a long term strategy isn’t a nice to have. It is vital. We need, dare I say it, a strong and stable commitment to the right combination of new infrastructure, enhancements and deployment of technology to get much, much more from our existing networks.
Without all this we simply won’t be able to secure the world class infrastructure that all parties say they want – at a price the public can afford to pay through their taxes and utility bills.
That is why we have called on all parties to commit to the work of the National Infrastructure Commission and place the development of our infrastructure at the heart of their economic policies.
Led by Lord Adonis and ICE Past President Sir John Armitt, the National Infrastructure Commission provides impartial, expert advice on long-term challenges. Next year it will publish the first National Infrastructure Assessment – drawing on ICE’s 2016 National Needs Assessment. This assessment will provide the government with analytical backbone and clear, long-term direction.
The improvements to our transport, energy, water, and housing networks that will follow are the foundations upon which our future prosperity and quality of life will be built. If we get this wrong, all the efforts being put into creating an industrial strategy and boosting Britain’s flagging productivity will be undermined.
In short, as our National Needs Assessment demonstrated that short-term, knee-jerk decision making and stop-start pattern of investment will cause harm lasting decades.
But the benefits are not only for future generations. If we get it right, we’ll provide a boost for the construction and infrastructure industries - a huge part of the economy and on some measures significantly bigger, if less glamorous than financial services.
Some numbers bear this out. In 2014, the construction industry contributed £103bn in economic output, 6.5% of the UK total. Every 1,000 direct jobs created by the delivery of new infrastructure boost wider employment by more than 3,000 jobs. For every £1 of infrastructure investment the country sees £2.84 worth of economic activity.
So investment in infrastructure has immediate economic benefits and long-term advantages.
That is why we are asking for parties to place infrastructure at the heart of economic policy and that is why we stand ready to help inform that process when they do.
This article was originally published here on 16 May 2017 by ICE. It was written by Andrew Crudgington, ICE Director of External Affairs and Strategy.
--The Institution of Civil Engineers
[edit] Related articles on Designing Buildings Wiki
- Articles by ICE on Designing Buildings Wiki.
- Brexit - The case for infrastructure.
- Conservative conference - industrial strategy.
- Demystifying the strategic infrastructure planning process.
- National Infrastructure Commission NIC.
- National Infrastructure Plan.
- National Needs Assessment NNA.
- Overcoming the challenges of Brexit.
- Safeguarding infrastructure post-Brexit.
Featured articles and news
Myths and top tips.
CLC plans to ease impact of construction inflation.
BG 50 & VDI 2035 – your questions answered.
Types of domestic heating systems.
Will the way we heat homes change when winter comes ?
Extended reality in a post-pandemic world.
Can XR technology be leveraged in design & construction?
Or are you capping.
STEM ambassadors needed for ICE CityZen award.
Digital gaming competition for UK students aged 16 to 18.
Heritage protection in England vs Australia.
Fire doors and the Fire Door Inspection Scheme.
Three-quarters of fire doors fail inspections
UN International Day for Biological Diversity, May 22.
The role of geoparks, biospheres and world heritage sites.
BSRIA conference 2022, June 23.
Just one month to go ! Find out more here.
Restoring Broadbent’s Bath House
A new gallery for the University of Huddersfield.
Corruption in the construction industry.
What will it take to stop it ?
To celebrate world bee day 2022 !
Just one month until the changes to part L come into effect.
Not forgetting part F and the new part overheating part O.
Heat Pump demand rises by one quarter.
As energy prices jump up in cost.
With people in the UK from Ukraine.
Industry leader Steve Murray takes on role.
An abundant and versatile building material.
How overheating complicates ending gas in the UK.
600,000 heat pump installations targeted per year by 2028.
Cost planning, control and related articles on DB.
Helping prevent those unwanted outcomes.