In addition to economic infrastructure, the social infrastructure pipeline continues to capture investments in schools, healthcare facilities, houses, and the defence and justice sectors.
The pipeline contains 172 social infrastructure projects, programmes and other investments with a total value of £33.5 billion to 2020/21 and a £111 billion project pipeline to 2027/8.
Flooding: The Government is delivering significant investment into projects that will protect homes and businesses against the risk of flooding, including schemes that specifically address the risks of climate change.
Education: The Priority Schools Building Programme (PSBP), delivered in two phases, is rebuilding or refurbishing 537 schools across the country. The first phase of the programme, PSBP 1, is now complete, having delivered over 260 projects on time and to budget, at one third of the cost and 30% faster than the previous Building Schools for the Future programme.
Housing: ‘Million Homes’ pledge – the Government has announced several packages of funding support in the last year, including supporting the West Midlands with £100 million of infrastructure and regeneration funding to deliver 215,000 homes by 2031, and £291 million from the Housing Infrastructure Fund to unlock 18,000 new homes in East London. Budget 2018 also confirmed the abolition of the cap on local authorities’ ability to borrow for house building, which it is anticipated will enable councils to increase building by around 10,000 homes per year.
Justice: Steps have been taken this year towards delivering the Government’s commitment to building up to 10,000 decent new prison places. Following planning approval, a contract to build has been awarded for a new prison at Wellingborough in Northamptonshire, and at Budget 2018 the Government announced funding for the new 1,680 prisoner capacity Glen Parva prison in Leicestershire.
Supply Chain Engagement Zone
The Social Infrastructure Supply Chain Engagement Zone will give attendees the opportunity to hear from some of the leading organisations and projects operating in this sector, worth almost £40 billion according to the current National Infrastructure Pipeline.