To ask the Secretary of State for Transport, what priority his Department gives to increasing economic activity in the aviation and maritime sectors in the allocation of his Department's capital funding to improve rail and road connectivity.
Answered on
20 November 2014
In August 2013, the Department published Transport – An Engine for Growth, which established the six principles for making the most of the clear commitment to rising long-term investment made at the 2013 Spending Round. Those principles included maximising the economic benefits to the UK and in particular supporting exports by improving international links. It also included a commitment to work with the private sector, acknowledging that most of our important ports and airports are in the private sector.
These priorities feed into the five case transport business case model, showing that options to invest in capital schemes for access to ports and airports are supported by a robust case for change that fits with wider public policy objectives – the ‘strategic case’ demonstrate value for money – the ‘economic case’, are commercially viable – the ‘commercial case’ are financially affordable – the ‘financial case’; and are achievable – the ‘management case’.
Further information and guidance on the Transport Business Case is available on the GOV.UK website at:
https://www.gov.uk/government/publications/transport-business-case