Industry Analysis & Industry Trends
Road and rail networks have played an integral role in the UK economy, and bridge and tunnel construction has enabled transport across rivers, through mountains and under cities. The construction of transport infrastructure can have far-reaching multiplier effects for the local economy and delivers greater efficiency and safety for commuters and freight distribution. Governments are increasingly opting to construct and maintain road, rail, bridge and tunnel infrastructure through public-private partnerships (PPPs) or private finance initiatives (PFIs), which involves private sector equity and operation of the infrastructure... purchase to read more
Industry Report - Industry Products Chapter
The industry generates about 40% of its revenue from the construction of new bridges and tunnels, and 50% from maintenance, repairs and renovation to existing bridges and tunnels. About 10% of revenue is therefore from work on roads, railways and other heavy infrastructure.
The long lifespan of most bridge and tunnel infrastructure means the industry's activities place greater emphasis on maintenance and renovation. The current surge of investment into several landmark tunnel projects, notably the Crossrail tunnel in London and the Thames Tideway scheme (Lee Tunnel) has boosted the new construction component of industry revenue for the duration of the projects... purchase to read more