The UK is in danger of missing out on significant investment in its national infrastructure as funds increasingly view markets in the Gulf region and Asia as safer bets, according to research published today by global built asset consultancy EC Harris.
Thames Water is coming under ongoing pressure with regard to the funding needed to financé the costs of building the Tideway Tunnel – last week MP Simon Hughes and format Ofwat Director-General Sir Ian Byatt questioned the proposals, while articles in the Guardian, the Times and the Financial Times also flagged up serious concerns on the subject.
The European Investment Bank has released details of new proposals now under consideration to fund major flood prevention and protection works in Turkey.
A new platform to support pension funds investing in infrastructure projects has secured the critical mass of Founding Investors needed to move to the next stage of development.
The European Commission (EC) has cleared the creation of the UK’s Green Investment Bank (GIB) after it was deemed to be in line with EU state aid rules.
The Government has now confirmed that flood defence schemes will be included under the £50 billion “Guarantees” scheme outlined in the Infrastructure (Financial Assistance) Bill.
Leading water sector organisations British Water and Water UK are to hold a second Rollercoaster Summit in November on smoothing the AMP investment cycles in the water sector.
Business Secretary Vince Cable has announced the latest executives to join the UK Green Investment Bank (UK GIB).
IFC, a member of the World Bank Group, has invested $12 million in Norway’s Aqualyng Holding AS to expand the company’s seawater desalination projects in China, helping address the country’s water shortage problem.
Construction sector output decreased by 5.2 per cent in the second quarter of 2012 compared with the first quarter, according to the latest ONS figures, pulling the UK deeper into recession.
The Future Water Association’s annual Networks November event kicked off last week with a Year in Water Review – a recap on the past year and what it means for the sector going forward.
South West Water has hosted the first municipal trial of the Fournier Rotary Press in the UK, assessing its potential to improve sludge dewatering performance and support future biosolids standards.
Uniwater has acquired Hy-Ram Engineering, a specialist in tooling, products and hire for the water sector, based in Mansfield, England.
Enpure Ltd and Clean TeQ Water Ltd have announced a collaboration agreement to bring Clean TeQ Water's Moving Bed Ion Exchange-based nutrient removal technologies to water utilities across the UK.