The submission highlights the outcomes to target from any planned increase in infrastructure investment:
- Deliver a national infrastructure strategy to address, in a sustainable way, the impacts of a population growing to 75 million in the coming decades
- Build up regional strategic planning capability to ensure no part of the UK is held back due to lack of infrastructure investment
- Take tangible steps to target low productivity in infrastructure delivery
- Support the evolution of funding models so that the future infrastructure system pays for itself
And the measures that are needed at Budget 2020 to deliver on those outcomes:
- Deliver a joined-up, evidenced-based National Infrastructure Strategy based on the National Infrastructure Assessment
- Devolve funding to focus on immediate priorities such as asset maintenance
- Put in place the institutional framework to identify long-term regional strategic need and priorities
- Take tangible steps to target low productivity in infrastructure delivery including offsite construction and Project 13
- Support the evolution of funding models so that the infrastructure system pays for itself in the future
- Support the levelling up agenda by creating a UK financial institution to replace access to the European Investment Bank
ICE's Budget 2020 submission
Content type: Consultation
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