Policy paper

Transport investment strategy

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

• From: Department for Transport
• Published: 5 July 2017

This was published under the 2016 to 2019 May Conservative government

Documents

Transport investment strategy (web version)

Ref: ISBN 9781474147309, Cm. 9472

PDF, 4.62 MB, 66 pages

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Transport investment strategy (print version)

Ref: ISBN 9781474147293, Cm. 9472

PDF, 3.88 MB, 68 pages

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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.

Published 5 July 2017