Government has 2020 vision on roads investment

Government has 2020 vision on roads investment

Government spending on roads next year will double from this year’s depressed level and support over 9,500 construction jobs, says Transport Minister Robert Goodwill.

 

There will be £4.3Bn invested in 209 schemes in the roads programme, with some £1.9Bn spent in 2014 alone. All the schemes are to either start or be completed in 2014 and are expected to boost the economy by over £18.8Bn thanks to multiplier effects, and are part of a £100Bn investment package across the UK’s infrastructure over the years to 2020.

 

An even larger programme of road investment is promised for 2015, and spending is to rise to £3Bn a year by 2020.

 

Mr Goodwill said the programme is the biggest in UK infrastructure since the 1970’s, when the motorway building boom was under way. The roads programme is to help create a high performance network that can cope with expected increases in road traffic of 43% by 2040.

 

He said that the government’s commitment of £28Bn of investment as part of the 2013 Spending Review will deliver massive extra capacity to the busiest motorways, along with 52 major road projects funded and delivered between this parliament and 2020/2021.

 

Road investment has been falling steeply recently, with a fall of some 41% last year expected to be followed by as much as an 18% fall this year. Mr Goodwill said however that the eight schemes that were under construction at the 2010 Spending Review have been delivered ahead of schedule, adding 190 lane miles to the motorway network.

 

Civil Engineering Contractors Association Director of External Affairs Alasdair Reisner welcomed the news but said that research had shown that even more jobs would be created by the investment, with every 1,000 jobs created in construction generates another 3,000 in the wider economy.  

Please rate

Comments 

Ctrl + Enter

Most Read

Brexit and its Effect on Recruitment in the UK

Brexit and its Effect on Recruitment in the UK

British Exit or commonly referred to as ‘Brexit’, refers to UK’s decision on the 23rd of June, 2016, via a referendum to cease to be a member of the European Union (EU). Although, the votes in the referendum were unexpected and its effect on the British economy as a whole was

Employment opportunity for an engineer in a smart city

Employment opportunity for an engineer in a smart city

Smart cities go by several names - flexcity, digital city, intelligent city, ubiquitous city amongst others. Still, it sounds like a utopian concept that is gradually forging its way into reality. Although smart cities have been associated with various definitions, we will for the purpose of this

How do we balance innovation with security?

How do we balance innovation with security?

With exponential growth in information technology, IT leaders are still fighting to keep pace with the industry; given its recent turmoil and security bottlenecks that have indeed become a cause for concern in recent times. It would also be right to imply that information security has not enjoyed

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.