As experts in this sector, we know that the Covid-19 pandemic has significantly impacted project funding and government budgets, which has caused delays in the building of major transport infrastructure projects. The impact has been particularly significant where there is a strong reliance on passenger transport and funding from passenger levies, such as airports. What’s more, for the UK and Europe, Brexit-related trade and customs problems are driving the need for further infrastructure investments.
Climate pressures continue to grow on governments that are looking to invest in carbon intensive infrastructure projects that increase transport capacity. However, we are also seeing governments declaring their intention to invest in infrastructure in order to support economic recovery after the pandemic. In the UK there is also strong support for the development of free ports.