UK government’s Highways Agency makeover to boost infrastructure

The government plans to turn the Highways Agency into a Network Rail-style public company as part of its efforts to boost national transport infrastructure. While the government has revealed plans for a long-term investment totalling €32.37 billion (£28 billion) in road-building, few projects are ‘shovel-ready’, with much of the investment backloaded until 2020. Funding levels will increase to more than €3.46 billion (£3 billion) a year by the end of the decade for major A-roads and motorways. The legislati
July 17, 2013 Read time: 1 min
The government plans to turn the 2309 Highways Agency into a 4139 Network Rail-style public company as part of its efforts to boost national transport infrastructure.

While the government has revealed plans for a long-term investment totalling €32.37 billion (£28 billion) in road-building, few projects are ‘shovel-ready’, with much of the investment backloaded until 2020. Funding levels will increase to more than €3.46 billion (£3 billion) a year by the end of the decade for major A-roads and motorways. The legislation will not include proposals for tolling. The government says maintenance and construction industry will have confidence with a free-standing Highways Agency and a ringfenced budget. To encourage the use of electric vehicles, an additional €576.54 million (£500 million) will be pledged.
Highway & Network Management

For more information on companies in this article

Related Content

  • US highway bill finally receives approval by government
    September 27, 2012
    After a long series of delays, the US Government has finally managed to agree the latest highway reauthorisation bill. This comes after numerous short term extensions of the previous bill, due to political stalemate. The short term extensions were not sufficient to allow firms to invest and this situation stunted construction activity in the country. With the bill now in place, contractors will be able to look forward to some transport spending, and will likely increase spending on replacing old constructio
    Read More
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Strategic road plan announced in the UK
    May 23, 2023
    A statement from National Highways in the UK said the emphasis is on boosting the economy “in an environmentally sustainable way” up to 2030 and beyond.
    Read More
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
    Read More

Highlighted Content