UK 10-Year Infrastructure Strategy

planned

The UK government released a 10-year infrastructure strategy aiming to 'crowd in' private capital to deliver infrastructure investment and economic growth. The strategy includes reopening the use of private finance initiative (PFI) procurement for tax-funded investments, focusing on social infrastructure such as public estate decarbonization and primary and community healthcare capital investment. It also explores new public-private partnership (PPP) models for taxpayer-funded projects in limited circumstances where value for money can be demonstrated. The strategy aligns with the Mansion House accord, encouraging UK pension funds to allocate 10% of their default funds to private markets, with half directed to UK assets including unlisted infrastructure.