Andy Cox, KPMG’s Head of Power & Utilities, comments: “I am not surprised to see energy projects appear so prominently on the map given the investment required to achieve renewable energy targets along with increasing concerns over energy security in the UK. However, the UK energy sector must attract capital from many sources, including international investors who have multiple choices over where to deploy their capital around the world. Both UK Government and industry will need to continue to work together to maximise the attractiveness of the UK throughout the remainder of this decade – nothing can be taken for granted.”
Projects must have a minimum estimated construction cost of £20m in order to be included on the map. All project data is sourced from publicly available information or with the express permission of the project owner.
Richard Threlfall comments: “In the past few years there have been many calls for better visibility of the infrastructure ‘pipeline’ in this country. The online gateway we are launching today aims to respond to these calls. It is a platform for the industry to bring together the infrastructure community at an early stage. It shows the future of UK infrastructure, but only if the planning and financing challenges that bedevil so many projects can be overcome. It is an indication of the range of investments we need to make if the UK is to remain competitive in the global economy.”
- ENDS -
Note to editors:
The aim of the map is to bring together stakeholders in the infrastructure space and we expect infrastructure sponsors, promoters, developers, investors, contractors and the supply chain to find it useful.
What projects will be included?
The map will include projects of which we are aware – from our own research, via suggestions from clients/users of the map, through Barbour ABI’s commercial construction database and from the Government’s infrastructure pipeline.
Project data will be sourced from publicly available information (such as the planning inspectorate/sponsor websites) or with the express permission of the project owner and will be kept at a very high level, with links to individual project’s or sponsor’s websites to allow access to the most up-to-date and more detailed information as well as contact details. There will be periodic releases of additional projects on to the map.
The process of selection KPMG will use is based on the following criteria:
What information will be displayed for projects?
Each project on the map with be assessed against the criteria and if it qualifies, it will be displayed as a clickable pin – when clicked, more information about the project will appear and will include the following fields:
What industries are included?
Each project included on the map will be within one of the following sectors:
Katrin Boettger, KPMG Corporate Communications
M: 0782 4475168
KPMG Press Office: +44 (0) 207 694 8773
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 11,000 partners and staff. The UK firm recorded a turnover of £1.7 billion in the year ended September 2011. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 152 countries and have 145,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.