In news that will have a beneficial impact on the construction industry, it’s been announced that China is set to invest £105bn in UK infrastructure according to Pinsent Masons.



The forecast by Pinsent Masons estimates that most of China’s investment will go into the energy sector, however £36bn will go into property with £19bn in transport whilst suggesting the UK will be one of the biggest benefactors of China’s external investment, foreseeing a major rise in the number of joint ventures over the next decade.



Richard Laudy, head of infrastructure at Pinsent Masons, said: “As the need to modernise UK’s major infrastructure gets greater by the day, the projected influx of Chinese investment into UK infrastructure is expected to be a welcome boost to the construction industry in particular and UK economy as a whole.



“As a foreign investor China is going to become increasingly important for UK infrastructure by 2025. This means UK-China partnerships need to grow over the next decade.”



Recent joint ventures between UK and Chinese firms include Manchester’s Airport City, London’s Royal Albert Docks development and One Nine Elms tower.