"The Chancellor was right to point out that we are in a global race for investment and jobs. Sadly the lack of real opportunities announced by this Government leaves the UK less and less attractive in the global market.
"The Government claims to see infrastructure as a key element of its growth strategy but has singularly and repeatedly failed to deliver budget after budget. And time is running out as even announcing new major projects now won't deliver growth in the short term.
"Now is the time to start delivering before investors and contractors look to exploit other opportunities. Major British contractors are already looking elsewhere such as India and Sub-Saharan Africa. The drain of experience from the UK will continue if the UK Government delays real announcements on infrastructure projects."