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Government to invest £22bn in construction

The Minister for the Cabinet Office, Francis Maude MP, has announced £22 billion pounds of investment in Government construction projects over the next three years.

Maude, said: “The Government’s construction strategy is reducing costs by up to 20% by reforming the way we procure construction projects across all sectors.

However, we are still investing billions of pounds annually; with the same money we will procure more schools, hospitals, courts and prisons. Despite an incredibly difficult economic climate we are investing in and prioritizing our construction industry.

“The Government and the construction industry have a shared obligation to cut waste and find new and better ways of doing business. This is especially important when we are talking about creating first class, modern, fully functioning public service delivery buildings like hospitals and schools.”

The Minister was talking at the Construction Procurement Conference and also revealed further details of the new Government Construction Board chaired by Paul Morrell which will incude an Efficiency and Reform Group Steering Committee and an IUK Steering Committee.

About Fiona Russell-Horne

Fiona Russell-Horne
Group Managing Editor across the BMJ portfolio.

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