It wants the government to prioritise funding that will act as a catalyst for investment from the private sector over the three years that the review covers.
The BCC argued that it is critical to remove barriers to private sector growth. It insisted that reduced public sector demand will affect the private sector's ability to create wealth and jobs.
"The government should target funding on projects that the business community says will stimulate private sector activity," said director-general David Frost.
Other priorities include 12 productivity-enhancing transport schemes and investing in the digital network in hard-to-reach areas. The BCC is also pressing for the creation of opportunity zones in the Midlands and north to attract investment.