A city council meeting last week agreed to borrow £185m over 25 years for the programme, which aims to tackle the deteriorating quality of the highways network in the city.
The plan include investing;
• £160 million in road reconstruction over the next five years
• £25 million in resurfacing and patching work
• £15 million specifically earmarked for addressing potholes
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Mayor of Liverpool, Joe Anderson, said: "I drive on the same roads as everyone else, so there is no-one more aware of the problem that me. This major new investment in our highways – £200 million – is a response to the scale of the problem we face.
"The people of Liverpool can be assured that we have been lobbying the government consistently in recent years to help us fix the problem, but it's clear from the Chancellor's recent spring statement there is no reprieve from the Government's austerity programme."
Mayor Anderson concluded: "This investment is also good news because it will create jobs in the city as well as generating new apprenticeship opportunities.
"Ultimately, doing nothing is just not an option as far as I am concerned. Clearly, the deteriorating state of our roads is a national problem, but to do nothing in Liverpool will simply see the cost of fixing our roads soar in future years. This is why we must act now."
(LM/MH)
