Our specialist private finance team arranges the funding for projects – a combination of borrowing and equity invested by Carillion. Carillion then uses its in-house skills to design, build, maintain and manage the project for the next 25 to 35 years. By paying annually, it means that our Government customers can have the high-quality assets and services they need now, at minimum whole-life cost, without having to wait for public funding to become available.

These projects have freed the private sector to introduce innovative and more sustainable designs, as well greatly improving the reliability of services, with projects delivered on time and to budget.

As a leader in PPP projects, Carillion built the first privately finance hospital – The Darent Valley Hospital in Kent, and has since become a leader in the healthcare sector, with 20 hospitals and other healthcare facilities. Our latest project, the new £430 million Southmead Hospital in Bristol, will be the UK’s most sustainable hospital.

We also provided the first privately financed prison – HM Prison Altcourse in Liverpool – and went on to deliver a further four UK prisons and secure training centres.

Our flagship PPP project is the stunning Government Communications Headquarters in Cheltenham, one of the largest and most technically complex of projects to date.

In the defence sector, we are nearing the end of the construction phase for the new Joint Permanent Headquarters for the UK Ministry of Defence, in North London, and are also delivering the Allenby Connaught project – a £12 billion project to rebuild Army Accommodation across the south of England and provide maintenance and facilities management over the 35-year contract period.

Carillion also built one of the first privately financed road projects – the widening of the M40 motorway in Buckinghamshire – and have gone on to build another six PPP road projects – for which we also provide long term maintenance services.

In education, Carillion is in the process of delivering 140 schools. Most of these form part of the UK Government’s £65 billion Building Schools for the Future programme, which is partly funded by private finance.

Public, private partnerships have proved so successful in the UK that other countries around the world are now looking at PPP as being the ideal solution to their long term capital building programmes.

Already, Carillion has successfully exported its expertise across the Atlantic to its well-established business in Canada, where we are a market leader in PPP projects, particularly in the health sector, – having built two of the first PPP hospitals in Canada – with another three currently under construction.

Carillion is proud to have helped pioneer the Public, Private Partnership programme and turn it into reality, bringing significant improvements to the lives of so many people.

Caillion. Making Tomorrow a Better Place