Filling the UK’s over £300 billion infrastructure deficit will not be possible with public investment alone. If the government is to repair Britain’s crumbling public realm and ramp up investment and project delivery to meet our ambitions on net zero, economic growth and regional prosperity, it must harness private capital as well.
In our submission to the Public Accounts Committee’s inquiry on ‘Government’s use of private finance for infrastructure’, we recommend developing a new model of public-private partnership – Infrastructure Investment Partnerships (IIPs) – to help meet the UK’s infrastructure ambitions and deliver wider community benefits at the same time.
This submission draws extensively on research and analysis from Rebuilding the Nation 03: Infrastructure Investment Partnerships, written by FGF Policy Associate Matt Bevington and published in September 2024.
