Transport for the North sets out £70bn blueprint

Thursday, 31 January 2019 16:00

Transport for the North has set out an ambitious vision for the future of the North’s economy, unveiling draft proposals for northern infrastructure for the next 30 years.

The Strategic Transport Plan (STP) and the Investment Programme have been unveiled today (31 January). It is claimed the plans will “rebalance decades of underinvestment and transform the lives of people in the North”.

The STP outlines how up to £70 billion of investment to 2050 could contribute towards an additional £100 billion in economic growth for the North’s economy - creating 850,000 extra jobs.

Barry White, Chief Executive at Transport for the North, said: “The Strategic Transport Plan is a hugely important document for the North. It is our vision for a prosperous pan-Northern future and outlines how investment in transport could transform our economy.

“Our Investment Programme outlines how an additional investment of just £50 per person in the North, per year, could play a part in unlocking a £100billion increase in economic activity and create 850,000 new jobs.

“For the people of the North, this will mean more choice over where they live and work, access to higher quality jobs and better connections to friends and families. It will mean our businesses have more opportunity to collaborate, trade and grow in a sustainable way.”

The next stage is for the plans to be considered by Transport for the North’s Board, who will meet on Thursday 7 February in Chester.

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