Construction News
14/12/2011
Transport Schemes Get The Go-Ahead
Communities across England will benefit from £854m worth of investment in 21 local transport schemes, Transport Secretary Justine Greening said today.
This is in addition to the 20 schemes, worth £574m, which were announced in the Autumn Statement at the end of last month.
All the projects have been through a stringent assessment process to ensure they offer value for money and are affordable for both the Government and the local area.
Transport Secretary Justine Greening said: "Transport infrastructure is central to growth, and I am announcing funding for a further 21 local major transport schemes. Along with the schemes announced last month we’ve supported investment of over £1.4bn that will strengthen local economies and improve local transport links for communities across the country.
"Almost all journeys begin and end on local authority networks, which provide the crucial links that allow people and businesses to prosper. We are investing in schemes that will provide better access to jobs and services, reduce congestion and enable more goods to move more easily around our country. This will be £1.4bn invested in local communities to build the transport system we need to get the economy back on track."
In total the schemes announced today are worth over £854m with an overall DfT contribution of £586m.
The Department also today confirmed the individual allocations to local transport authorities of the £50m top-up to the Integrated Transport Block grant announced by the Chancellor in the Autumn Statement. The top-up will be allocated in accordance with the formula for the Integrated Transport Block grant.
(CD)
This is in addition to the 20 schemes, worth £574m, which were announced in the Autumn Statement at the end of last month.
All the projects have been through a stringent assessment process to ensure they offer value for money and are affordable for both the Government and the local area.
Transport Secretary Justine Greening said: "Transport infrastructure is central to growth, and I am announcing funding for a further 21 local major transport schemes. Along with the schemes announced last month we’ve supported investment of over £1.4bn that will strengthen local economies and improve local transport links for communities across the country.
"Almost all journeys begin and end on local authority networks, which provide the crucial links that allow people and businesses to prosper. We are investing in schemes that will provide better access to jobs and services, reduce congestion and enable more goods to move more easily around our country. This will be £1.4bn invested in local communities to build the transport system we need to get the economy back on track."
In total the schemes announced today are worth over £854m with an overall DfT contribution of £586m.
The Department also today confirmed the individual allocations to local transport authorities of the £50m top-up to the Integrated Transport Block grant announced by the Chancellor in the Autumn Statement. The top-up will be allocated in accordance with the formula for the Integrated Transport Block grant.
(CD)
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