Question to the Department for Business and Trade:

To ask His Majesty's Government whether they are committed to pursuing targets of a 33 per cent reduction in both the initial cost of construction and the whole life cost of built assets, and a 50 per cent reduction in the overall time from inception to completion for new build and refurbished assets, as proposed in the Construction 2025 report published on 2 July 2013; and if so, what progress has been made in pursuing these targets and when they expect them to be met.

The targets set in the Construction 2025 Strategy played an important role in guiding construction policy, including for the Transforming Construction Challenge innovation programme (2018-22), in which the construction sector and Government jointly invested £420m. The outputs of the Challenge demonstrated that it is possible to meet and exceed the targets set in Construction 2025. As set out in the Transforming Infrastructure Performance Roadmap to 2030 and the Construction Playbook, Government policy is now to use digital and offsite manufacturing technologies to accelerate the construction of buildings, improve quality and safety, and to support the transition to net zero carbon.