WINNING WAYS. DEVELOPING THE UK TRANSPORT NETWORK
This report states the view of the Confederation of British Industries (CBI) on how much money needs to be invested in all forms of British transport infrastructure and what the priorities are. Such investment is an essential part of the broader strategy needed for a better transport network supporting competitiveness. It helps to reduce the economic and environmental costs of congestion, create jobs, attract inward investment and stimulate regeneration. In 1994/95, UK transport infrastructure investment, including maintenance, was under #9.5 million for all transport modes. The CBI believes that it must increase to over #11 billion per year over ten years, to maintain and develop transport infrastructure to a decent standard. Road investment should increase, but its total share should decrease from 66% to 62%. Specific annual investment priorities include: (1) over #1.0 billion to tackle the backlog of maintenance on UK trunk roads; (2) #1.8 billion on new construction on strategic roads; (3) #4.1 billion on maintenance and construction of local roads; (4) #2.2 billion on railway projects; (5) #600 million to modernise London Underground; and (6) #1.2 billion on other transport priorities. Publicly funded transport (including telematics) research and development (R&D) should rise to about #150 million a year.
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Confederation of British Industry (CBI)Centre Point, 103 New Oxford Street
- Publication Date: 1996-7
- Pagination: 25 p.
- TRT Terms: Arterial highways; Attitudes; Costs; Economic factors; Economics; Environment; Financing; Highways; Investments; Maintenance; Networks; Public transit; Railroad tracks; Roads; Subways; Transportation
- Uncontrolled Terms: Road networks
- ITRD Terms: 2267: Attitude (psychol); 224: Cost; 263: Economics of transport; 2455: Environment; 244: Financing; 2755: Highway; 227: Investment; 2748: Main road; 3847: Maintenance; 744: Public transport; 1155: Transport; 1191: Underground railway
- Subject Areas: Economics; Maintenance and Preservation; Transportation (General);
- Accession Number: 00729792
- Record Type: Publication
- Source Agency: Transport Research Laboratory
- ISBN: 0-85201-530-5
- Files: ITRD
- Created Date: Dec 26 1996 12:00AM