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Contractors World  - UK & Ireland
2013 Vol 3 No 4
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Construction - News & Economics

The ever changing London skyline is promoting rapid growth in London’s populations. Hence the need for futuristic planning for housing and infrastructure development.The ever changing London skyline is promoting rapid growth in London’s populations. Hence the need for futuristic planning for housing and infrastructure development.

Photo: Duncan Harris

Major Investment for Growth

Harvey McGrath, co-chair of the London Enterprise Panel, said: ‘The London Enterprise Panel is working with the Mayor to catalyse opportunities for growth. These transport projects have been selected to do just that, stimulating and attracting private sector investment into areas of London that are ripe for development.’

The £40million investment is part of a £111million pot secured by Mayor from the Government’s Growing Places fund to support the work of the London Enterprise Panel (LEP). The money is being invested in sectors the LEP has prioritised as vital for London’s growth including support for small and medium businesses; infrastructure development; raising skills and employment opportunities; and boosting growth in digital, science, technology and creative industries.

The funds invested are designed to be ‘revolving’ meaning money given to individual projects must be repaid back into the central fund in order to be reinvested. Repayments for these four transport projects are likely to include repayments via section 106 payments, land receipts and via the Community Infrastructure Levy.



Planning For Infrastructure Key If Networks Are To Meet Needs Of 21st Century

Government policy-making must factor in the “interdependencies” between our transport, energy, water, waste and ICT networks if we are to have infrastructure that meets the challenges of the 21st century and avoid policy U-turns, according to Engineering the Future (EtF) – an alliance of leading engineering bodies.

A new EtF report published - the Infrastructure Timelines - looks at the short, medium and long term Government policies within each of the infrastructure sectors and identifies where achieving Government’s aims are “interdependent” or reliant on policies in other sectors. It also looks at the impact of future challenges such as scarcity of resources and growth in population on our networks and calls for better planning and alignment of Government policies, to ensure infrastructure networks are fit for purpose.

It cites the energy sector as the most critical example of infrastructure interdependence due to the role it plays in ensuring all the other networks – water, waste, transport and ICT – function effectively and can meet the demands of the future. It says the impact on transport is of particular concern as the sector not only relies on energy for fuel, but is dependent on energy to achieve future goals set by Government such as the shift to fully electric vehicles which could sharply increase demand for electricity, and plans to electrify the whole rail network.

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