Policy paper

Transport investment strategy

Sets out the Department for Transport's priorities and approach for future transport investment decisions.

This was published under the 2016 to 2019 May Conservative government

Documents

Transport investment strategy (web version)

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Transport investment strategy (print version)

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Details

This strategy sets out the Department for Transport’s priorities and approach for future transport investment decisions and explains how transport investment can deliver a stronger, fairer Britain. It describes what we are trying to achieve through:

  • our investment in transport infrastructure
  • the priorities and propositions that will guide future investment decisions
  • the institutional frameworks within which those decisions will be taken
  • the actions we are taking to help us meet our ambitions

The document includes a commitment to consult on a new ‘Major Road Network’. This would see a share of the annual National Road Fund, funded by Vehicle Excise Duty (VED), given to local authorities to improve or replace the most important A-roads under their management. It also outlines plans for a new ‘rebalancing’ measure, which will judge how investment programmes contribute to a more balanced economy.

The transport investment strategy is a vital part of the government’s industrial strategy and plan for Britain. It builds on the progress made in recent years to upgrade our road and rail network.

Updates to this page

Published 5 July 2017

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