Building our industrial strategy - Green paper

A green paper, Building Our Industrial Strategy, published for consultation, sets out the government's strategy to address long-term challenges to the UK economy.

A key area of  strategy is to improve infrastructure to boost economic growth in struggling areas. The document states that the Autumn Statement set out how central Government economic infrastructure investment will rise by almost 60 per cent between 2016/17 (£14 billion) and 2020/21 (£22 billion). This increased funding is matched by better planning. Since 2010 the document says that we have moved away from stop-go planning for infrastructure, creating multi-year budgets for road spending and putting Network Rail’s long term plans on a sounder footing. The publication of the first National Infrastructure Plan in 2010 and the National Infrastructure Delivery Plan 2016- 21, along with the new National Infrastructure Commission is driving better long-term planning, including considerations of the interdependencies between different types of infrastructure. The creation of the Infrastructure and Projects Authority (IPA) enables this longterm planning to be translated into successful project delivery.

It adds that the government will align the planning of infrastructure more effectively with local growth priorities to ensure more places benefit. Infrastructure decisions will be better matched with local economic plans to boost productivity locally and support places that have suffered historical underinvestment. THe government will create a stronger institutional framework to support this process for cities and regions across the country.

Author: HM Government

Date: January 2017 date of publication

This item updates DCP section 26.4


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