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29/06/2017

Cambridgeshire and Peterborough agree transport investment

Words: Laura Edgar
Cambridge / iStock-157197728

The Cambridgeshire and Peterborough Combined Authority has agreed a £2.25 million investment to improve transport across the region.

The combined authority’s board said the money will be made available to commission feasibility studies and business cases into a number of key strategic schemes, including the dualling of the A47, the A47 to M11 extension and the upgrading of the A10.

Charles Roberts, portfolio holder for transport and infrastructure said: “The combined authority is committed to improving transport connections and delivering sustainable growth across the area.

“Devolution has given the combined authority the power to consider bold and innovative solutions to overcome long-standing infrastructure needs and we will work hard to ensure that the most effective solutions are thoroughly investigated to ensure they can be delivered.”

The combined authority’s committee has also approved four schemes to be submitted to the National Productivity Investment Fund (NPIF), which is run by the Department for Transport (DfT). The schemes include junction 18 improvements on the A47 and improvements to junctions providing access to the Wisbech South development area.

Mayor James Palmer said: “If the bids for funding are successful, the money will collectively support the delivery of around 7,000 new homes, the creation of around 3,000 new jobs and will help address traffic congestion.”

The NPIF was announced in the 2016 Autumn Statement. Chancellor Philip Hammond said it will £2.3 billion invested into housing infrastructure. It aims to provide additional spending in areas that are key to boosting productivity, including housing, transport, digital communications and research and development.

In January 2017, the DfT allocated £185 million from the NPIF to local highways authorities to upgrade local roads in 2017/18. Cambridgeshire was allocated £2.89 million and Peterborough £0.77 million. Additionally, the department said £490 million from the NPIF would be available through a competitive bidding process.

The combined authority announced that Martin Whiteley will be its chief executive. He has been the interim officer since the combined authority was created in March 2017.


Read more:

Autumn Statement: £2.3bn for Housing Infrastructure Fund


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