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Oct 19, 2010

INFRASTRUCTURES * UK - FTA stresses value of investment in key transport infrastructure projects

London,EN,UK -HGV UK -October 19, 2010: -- The Freight Transport Association (FTA) has re-emphasised the importance of continued investment in key transport infrastructure projects ahead of the Comprehensive Spending Review (CSR), due to be published on Wednesday (20 October)... In its submission to the government at the beginning of September, the leading trade body identified a series of road and rail schemes that must be spared the axe in the interests of maintaining the UK’s economic recovery and ensuring future international competitiveness... FTA has forcibly argued that a transport network that is fit for purpose is a pre-requisite for any successful economy, with road and rail infrastructure linking people to jobs and products to markets... Congestion represents a huge cost to the economy, and by 2025 it could cost freight and other road users in England alone £25 billion more per year than it did in 2003, according to the Eddington Transport Study. The need for targeted investment in new infrastructure capacity and the development of technology to get the best out of the existing network is, therefore, self-evident, according to the FTA...

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