Ambitious £70bn Northern Infrastructure Plan Unveiled
Transport for the North has outlined its largescale plan for the future of the North’s economy, revealing draft proposals for northern infrastructure for up to the next 30 years.
The Strategic Transport Plan (STP) and the Investment Programme would re-balance decades of under-investment and change the lives of people in the North.
The STP outlines how up to £70bn of investment to 2050 could contribute towards an additional £100bn in economic growth for the North’s economy – creating an extra 850,000 jobs.
The STP and Investment Programme mark the first time the North’s civic and business leaders have spoken with one voice on behalf of the North’s 15 million people, laying out a new pipeline of transport interventions.
The next stage is for the plans to be considered by Transport for the North’s Board, who will meet on 7th February in Chester. The Board is a partnership between the public and private sector, made up of civic leaders – including council leaders and metro mayors – representing 20 Local Transport Authorities in conjunction with the business community.
Subject to approval the plans will be officially launched by Transport for the North on 11th February 2019 in Sheffield at Transport for the North’s Inaugural Conference.
Barry White, Chief Executive of 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 £100bn 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.
“This final Plan will be a statutory document written by the North, for the North, and will be our blueprint to deliver transformational change and leave a legacy for future generations.”