Govt plots £15.5bn investment in North West
The recently released National Infrastructure and Construction Pipeline outlines the government’s projected spend for the next 10 years on major projects, such as motorway upgrades, prison refurbishments, and coastal protection schemes.
Published annually, this year’s edition was shared last week. There are 660 projects featured, with a £379bn pipeline of investment. Of those 660, 93 are specifically in the North West, amounting to £15.5bn of investment.
Much of the investment outlined is not new. £57m for Levelling Up projects in Rossendale, Stockport, and Sefton are included as part of the North West projects listed. These were outlined in last year’s Budget announcement.
Other North West projects featured on the pipeline include new police stations in St Helens, Knowsley, and Southport; a £156m construction contract for an army project at Weeton; and a £225m scheme to upgrade the infrastructure for the UK Biobank.
Also on the list: £200m-£300m for the Mottram bypass, £710m for Liverpool City Region Sustainable Transport Settlements, and £1bn for similar settlements in Greater Manchester.
Nationally, the National Infrastructure and Construction Pipeline teases £770bn of estimated investment over the next decade. Most of this will go towards energy schemes, with the government projecting that sector to have a £315bn pipeline. Transport comes in second place with a £233bn pipeline.
You can see the full report and spreadsheet of data by going to gov.uk/government/publications/national-infrastructure-and-construction-pipeline-2023.