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Cambridge and Peterborough approves transport investment

Words: Laura Edgar
Money / iStock-185267728

Cambridgeshire and Peterborough Combined Authority (CPCA) has approved over £4 million for key infrastructure projects across the region.

Seventeen schemes have been shortlisted for funding in 2017-18, while 26 projects have been placed on a list to be considered during the mayoral period.

Schemes on the shortlist include A505 Corridor Study, Cambridge South Station and Huntingdon Strategic River Crossing.

Charles Roberts, portfolio holder for transport at CPCA, said: “The combined authority has worked closely with partnering organisations to develop an extended list of schemes for potential investment. These schemes have been drawn from a wide range of sources including existing Cambridgeshire and Peterborough Investment Plans, local plans, Market Town Strategies, proposals previously identified within the devolution deal, and other emerging priorities.”

Initially, said Roberts, the work would involve exploring feasibility of such schemes and developing business cases. He stressed the importance of having a longer-term pipeline of work to ensure that there is a steady flow of transport interventions that are effectively planned over the current and future mayoral cycles.

“Having an extended list provides greater opportunity to consider local issues and spread investment around the combined authority area. Early investment in the development of schemes places the combined authority in a strong position to bid for and secure additional funding as alternative sources become available. Similarly, it helps to position projects for potential future private sector investment.”

Mayor James Palmer added: "The list of priority transport schemes is very much focused on making a difference in the short term by making strategic interventions across the combined authority area. These key spending commitments bring home the concrete benefits that the Combined Authority and its investment will bring to Cambridgeshire and Peterborough."

The list of schemes for both the short and long list can be found on the Cambridgeshire and Peterborough Combined Authority website.

The combined authority also agreed to establish a business case to bring forward £5.8 million to support plans to support the regeneration of St Neots.

A report was brought to the board, entitled the ‘St Neots Masterplan for Growth’ which provides a blueprint for the work that the combined authority, Huntingdonshire District Council and local partners need to undertake to help St Neots reach its full potential as a great place to live, work and visit.

The report recommended that £5.8 million is invested in a number of projects designed to unlock growth in St Neots, leading to a regeneration of the town centre.

The investment will be made following consultation with a new steering group called the St Neots Masterplan Partnership. The partnership will be comprised of local and regional politicians along with representatives from the business, education and health sectors, as well as other stakeholders.

Following this, the partnership will develop a second phase to the masterplan, including creating a skilled workforce to support industries in the town.

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