So-called Project Speed initiative, to be chaired by chancellor, unveiled tomorrow

A taskforce designed to fast track major building projects across the country to help the UK鈥檚 post-covid recovery is set to be announced by the prime minister tomorrow.

Boris Johnson will unveil the Infrastructure Delivery Task Force, known as Project Speed, to accelerate the building of schools, hospitals, roads and railways.

Boris boring

Boris Johnson is hoping a building boom can drive a post-covid-19 economic recovery

The task force will be chaired by chancellor Rishi Sunak and has been inspired by the pace at which the NHS Nightingale hospitals were created across the country during the height of the coronavirus pandemic.

The body will work its way through the major infrastructure projects in the pipeline and look to iron out any inefficiencies which could hold up their delivery and get them moving.

Johnson told the Mail on Sunday: 鈥淸Covid-19] has been a huge, huge shock to the country but we鈥檙e going to bounce back very well. We want to build our way back to health.鈥

A Downing Street spokesperson added: 鈥淚nfrastructure has the power to rebuild and repair our country 鈥 and we will do it better, faster and more strategically than before.

鈥淭he coronavirus response has shown that it doesn鈥檛 have to take years to get essential projects off the ground 鈥 the Nightingale hospitals and ventilator challenge were up and running in a matter of weeks.鈥

The government hopes a building boom will boost jobs and improve connectivity as it looks to drive an economic recovery after the pandemic.

Mace chief executive Mark Reynolds welcomed the plans and added: 鈥淭he prime minister has set out the grand scale of his ambitions and it is clear that we have a huge opportunity.

鈥淚t is vital that we do everything we can to ensure this promised historic wave of investment will actually deliver the economic growth we so desperately need. That means we must prioritise innovative, offsite and low carbon construction solutions 鈥 and it means targetting the creation of sustainable jobs and social value in the places where they are needed most.鈥

Speaking about the 拢37bn National Infrastructure and Construction Procurement Pipeline, announced earlier this month, Construction Leadership Council chair Andy Mitchell said the government had to take the lead in helping the industry cope with the havoc caused by the pandemic which has already seen thousands of jobs cut as work slows down.

He added: 鈥淎s the largest single client of economic and social infrastructure, a strong and clear pipeline of work from government is vital to generating confidence and certainty.鈥

Yesterday, the Observer reported that new House of Commons Library analysis suggested unemployment levels could hit numbers not seen since the 1980s, outstripping the peak of 3.3 million recorded in 1984 under Margaret Thatcher鈥檚 reign.