In its latest Construction Strategy, announced in July, the Minister for the Cabinet Office Francis Maude has said that the Government will invest £22 billion in public construction projects over the next three years.
The figure will be confirmed in the autumn along with details on where the money will be spent. A full pipeline of the work available will also be published then. The strategy is to reduce costs by up to 20% by reforming the way construction projects are procured 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,” said Mr Maude. “Despite an incredibly difficult economic climate we are investing in and prioritising 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 also confirmed new appointments to the new Construction Board, chaired by the government’s chief construction adviser, Paul Morrel. Andrew Wolstenholme will chair the Efficiency and Reform Group Steering Committee, while Peter Hansford will chair the IUK Steering Committee.