Business Services

HS2 and northern powerhouse drive foreign investors to UK

Infrastructure - This leaves Britain one place behind the US but ahead of Germany - SantanderCB

Engineering consultancy group Arcadis has identified Britain as one of the most attractive countries for infrastructure investors.

The government's commitment to initiatives such as HS2 and Crossrail 2 has helped the UK jump four places in as many years to become the ninth best nation to put money into infrastructure projects.

This leaves Britain one place behind the US but ahead of Germany, France and Holland. Singapore is the favourite location for infrastructure investment, followed by Qatar and the United Arab Emirates.

Chris Pike, Arcadis UK infrastructure director, said: 'New roads and high-quality rail links hold big potential for the UK's national and regional economies'. 

However, he also warned that the government needs to provide a clearer long-term infrastructure plan and remove 'overprescriptive' rules that hamper development work if overseas investors are to remain attracted to the UK.


Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

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