UK reveals major road investment plans

The UK has major plans to invest in road infrastructure. In all some 1,440 lane km of road capacity will be added to the strategic highway network of England and Wales by 2021. This boost comes from an investment of €30.565 billion (£24 billion), the biggest since the 1970s – which will see annual funding for improvements to motorways and major A roads triple over the next 6 years.
September 5, 2014 Read time: 1 min

The UK has major plans to invest in road infrastructure. In all some 1,440 lane km of road capacity will be added to the strategic highway network of England and Wales by 2021. This boost comes from an investment of €30.565 billion (£24 billion), the biggest since the 1970s – which will see annual funding for improvements to motorways and major A roads triple over the next 6 years. Investment includes more than €11.345 billion (£9 billion) on maintenance, €7.564 billion (£6 billion) of which will be spent on resurfacing 5,000km of the strategic road network. This forms part of a long-term economic plan intended to deliver around 35% more capacity on UK roads than was delivered in the nine years up to 2010. The UK Government will triple investment in major roads to over €3.782 billion (£3 billion)/year up to 2021.

Road Structures

Related Content

  • Russia's road map ahead
    March 5, 2012
    Overall, Russia is to benefit from a major highway investment programme. The Federal Transport Development Programme will feature a budget of $21.5 billion for the 2010-2015 period. Some $15.1 billion is to be allocated for highway construction and repairs. Russian city St Petersburg and the surrounding the Leningrad region will see the start of major investment in infrastructure during 2011. The road sector will benefit strongly, with projects underway including the southern section of the Western High Spe
    Read More
  • Booming Chinese aggregate demand
    February 22, 2013
    Global demand for construction aggregates is set to increase 5.2% a year until 2015 to 48.3 billion tonnes, according to research by The Freedonia Group in the United States. The same source tips China alone to account for half of all new aggregate demand worldwide in the period 2010-2015. Guy Woodford reports on the growing importance of the Asian aggregates market. China is already the biggest nation for aggregate production and use in the world, and the competition among the giants of aggregate productio
    Read More
  • Huge investment for Vietnam transport
    August 6, 2012
    The authorities in Vietnam have identified the need for major investment in road infrastructure in Ho Chi Minh City. To bring the city’s transport infrastructure up to the necessary standard, some US$4 billion will be required/year over the next 10 years, according to local officials.
    Read More
  • Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
    March 19, 2015
    A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
    Read More

Highlighted Content