The rail and water sectors show particular potential, accounting or 42 per cent of total infrastructure output, with slower growth in roads.
Network Rail’s business plan is anticipating a spend of £5 billion in 2008/9 and £6 billion in 2009/10 on maintenance renewal and enhancement with big ticket projects such as the £5.5 billion Thameslink programme bolstering the figures.
Growth in the rail sector is tipped to be 16 per cent, with 14 per cent in 2009 and five per cent in 2010.
Water and sewerage spending is likely to be high in the next two years as the sector reaches the busiest part of its regulated investment cycle.
Predicted 14 per cent growth in 2008 is expected to be followed by 6 per cent growth in 2009, before work drops significantly in 2010 at the start of a new investment cycle.
The association expects the infrastructure sector as a whole to grow by nine and seven per cent respectively in 2008 and 2009.
Growth will then settle down until the rump of the work on Crossrail triggers another boom after 2011.