Prospects for Northern Transport Infrastructure: Key Figures and Funding Opportunities
TFN Identified 4 Prime Capabilities for Driving Growth:
- Digital Technology
- Advanced Manufacturing
- Energy
- Health Innovation
400% Increase in Rail Travel
With more investment in rail networks both across the country and between northern cities, travel could increase by 400% by 2050 according to TFN's June 2017 Provision Statement.
55% Increase in Road Travel
By 2050, according to TFN's June 2017 Position Statement, travel on Highways England's Strategic Road Network could increase by as much as 55%.
£100 Billion and 1 Million New Jobs
Could be contributed to the UK economy as a direct benefit of a Successful Transport Plan, led by TfN in partnership with LEPs, Highways England, Network Rail, HS2 Ltd and the Department for Transport.
£1.7 Billion of Funding
The November 2017 budget unveiled £1.7 billion of funding as part of the Transforming Cities Fund, contributing to transport projects across the Northern Powerhouse.
Sources:
The Northern Transport Strategy
Transport for the North (TfN) Strategic Transport Plan Position Statement - Autumn 2017 Budget.
