“Infrastructure is essential as we begin to tackle our age old productivity challenge and prepare the wider economy for the future.
The infrastructure we are developing needs to be adaptable to fast growing technological change. From autonomous vehicles, to electric cars, to new forms of broadband.
We are building HS2 – the first new North-South railway in this country for over a century.
We are undertaking the largest road-building programme since the 1970s.
We are incentivising the market to build the next generation of broadband and mobile infrastructure.
We increased the National Productivity Investment Fund to £31 billion, which included a £1.7 billion Transforming Cities Fund to boost local transport connections and reduce congestion.
And £11.5 billion for housing, to build more homes in high demand locations so that people can live near the best jobs”.
Role of NIC and IPA, Government and industry working together, Project 13 and TIP also referenced.
Read the full speech here.