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Skanska project named in worlds top infrastructure projects

7/9/2012 1:53 PM CET
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Skanska’s Royal London Hospital Redevelopment has been named among the world’s top 10 infrastructure projects and was declared number one in the healthcare category in KPMG’s Infrastructure 100 report.

 

The Royal London Hospital project is part of the Barts & The London £1 billion redevelopment scheme which Skanska began in 2006 and which is scheduled for full completion in 2016. Click here for further information.

KPMG’s Global Infrastructure Practice announced the second edition of the – a high-profile report showcasing 100 of the most innovative and inspiring urban infrastructure projects from around the world. Released at the recent World Cities Summit in Singapore, this edition provides insight into the infrastructure projects that make great cities, with a particular focus on the innovations that make them ‘Cities of the Future’ – places where people want to live and do business.

”Existing urban infrastructure is in urgent need of revitalization, and demands for new infrastructure have skyrocketed to meet the basic needs of growing populations. The world’s cities are already home to more than half the world’s population, and that number is expected to jump by more than 3 billion by 2050,” said Nick Chism, KPMG’s Global Head of Infrastructure. “The World Cities Edition looks specifically at the challenges faced by cities around the world and features 100 innovative projects that can inspire readers to conceive, finance and develop infrastructure projects that make a positive difference to the cities we live in.”

To read KPMG’s Infrastructure 100 please click here.

Richard Threlfall, UK head of Infrastructure, building & construction at KPMG, said: “KPMG’s Infrastructure 100 report highlights that the UK still punches way above its geographic and economic weight with seven of the 100 most important projects in the world, across a range of sectors, selected from the UK. This is despite a general gloom across the industry. We need to act now to develop private investment in infrastructure. This will not only help to kick-start the UK economy but also to secure funding to ensure that our future infrastructure projects continue to be innovative. Infrastructure projects go to the heart of solving the challenges the country faces, from regenerating our neighbourhoods to building education and health facilities fit for this century.”