Transport for the North (TfN) has unveiled a draft proposal for northern infrastructure for the next 30 years envisaging a GBP 70 billion (EUR 80.2 billion) investment until 2050 which could contribute towards an additional GBP 100 billion (EUR 114.6 billion) in economic growth for the North’s economy, creating 850,000 extra jobs.
“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,” Barry White, Chief Executive of Transport for the North said.
The Strategic Transport Plan (STP) aims to transform connectivity for people and businesses, and make it easier to move goods to, from and within the North. The strategy includes flagship programmes such as Northern Powerhouse Rail, enhancements to the existing rail network, upgraded and new major roads, and the continued roll out of smart ticketing.
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.
The strategy sees the railway transport as a system that is fit-for-purpose with strong North–South and East–West connections and that it will be the backbone of a strong economy for both the North, and the UK. The long-term rail strategy which sets out TfN’s guiding principles for rail and is an integral part of the Strategic Transport Plan is based on five pillars including connectivity, capacity, customer, community and cost effectiveness.
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