i3P recognised in the recently launched Construction Sector deal
This week saw the launch of a Sector Deal between government and the construction sector.
This Sector Deal sets out an ambitious partnership between government and industry that aims to transform the sector‚Äôs productivity through innovative technologies and a more highly skilled workforce.
We are in the early days of one of the greatest construction programmes in our history, from delivering more homes that people can afford, in the places they want to live, to major infrastructure projects such Crossrail and the third runway at Heathrow. This infrastructure pipeline represents more than ¬£600 billion over the next decade, including at least ¬£44 billion for housing. The pace of this change, and the size of this opportunity, demands a construction sector that is the best in the world.
The government is delivering a major upgrade to the UK‚Äôs infrastructure. To provide greater certainty of demand for the sector, the Infrastructure and Projects Authority publishes the National Infrastructure and Construction Pipeline, with current projections of around ¬£600 billion of public and private investment in infrastructure over the next 10 years ‚Äì a doubling of economic infrastructure in the decade to 2022 to 2023. This is backed by a commitment to modernise the way major projects are delivered, which will ensure this Sector Deal will help the sector to deliver both high-performing infrastructure and growth in the construction sector.
The Sector Deal recognises i3P, stating:
“The Infrastructure Industry Innovation Platform (i3P) will align strategic R&D investment by the consortium with the Industrial Strategy Challenge Fund Transforming Construction programme, to accelerate change in the infrastructure and construction sector. Currently Infrastructure Industry Innovation Platform (i3P) members invest more than ¬£150m per annum in R&D”
i3P member Heathrow are also working with Bath University for the 138th European Study Group which brings mathematicians and industrialists together to work side by side to solve the real and important issues that companies are facing today. The study group will be looking at Workflow modelling of construction projects (Heathrow).
The i3P platform continues to gather pace and now boasts a strong membership including 9 clients and 17 supply chain members with many more under review.
Our project portfolio has significantly grown with now over ¬£300k allocated to innovative infrastructure projects with more considerations in the pipeline.
The Infrastructure Innovation Industry Platform (i3P) secretariat¬†team is led by the Knowledge Transfer Network Ltd.
If you would like to find out more please contact Mike Moseley.