New partnership was signed between the Britain Government and transport body, that aims to cut journey times between the East and West Midlands.
Implementing the Midlands Connect Partnership transport strategy will boost the economy by more than £1 billion (EUR 1.39 billion) a year, will create 300,000 new jobs and will save businesses nearly £500 million (EUR 694 million).
The government has provided Midlands Connect with £5 million (EUR 6.94 million) to take the new regional strategy forward. It will be developed jointly by the Midlands Connect Partnership and the Department for Transport and will set out credible long-term transport investment priorities to support the building of the Midlands as an engine for growth.
The strategy will develop and examine options for measures that maximise economic growth from HS2, reduced journey times and improved reliability between key centres, addressing the interaction of national, regional and local movements within key strategic transport hubs in the Midlands.
‘HS2 has the potential to be more than a new railway. It’s an unprecedented opportunity to create jobs, build homes, boost skills and employment and improve connectivity across the country. The programme has received additional support from government investment to develop the vision and strategy for transforming transport connectivity across the region, in order to drive economic growth,’ HS2 Ltd Chairman Sir David Higgins said.
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