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Transport Minister in Preston outlines how government funding will boost city

Posted on - 10th July, 2014 - 6:30pm | Author - | Posted in - Business, Central Lancashire Development Plan, City Centre, News, Preston City Centre, Preston Council, Redevelopment
The Rt Hon Patrick McLoughlin MP in Preston

The Rt Hon Patrick McLoughlin MP in Preston

Transport Secretary Patrick McLoughlin, recently visited sites across England receiving a share of billions of pounds of Local Growth Deal investment.

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The new deal, that will see £3 billion of government funding for new local transport schemes, is the largest investment of its kind for more than a decade.

Of this, around £1.8 billion is for over 200 projects starting next year with a further £1.3 billion for 120 potential new schemes to start from 2016/17 onwards.

Some of the cash will help Lancashire County Council create a ‘public realm’ and enhanced gateway linking Preston Bus Station with the rail station.

The Secretary of State for Transport was in Lancashire earlier this week when he visited Preston, set to benefit from the Local Growth Deal. 

Patrick McLoughlin said:

“Up and down the country people will see real benefits of the £3 billion announced today for transport schemes. Transport infrastructure is critical to keep the country moving and investing in these projects will help our long term economic plan, driving local and national growth.

Lancashire’s growth deal will see the county receiving £128 million of government investment, with transport heavily featured. Funding will support a number of schemes that look to capitalise on the strength of the Central Lancashire economy around Preston and improve transport links in other areas to employment and housing growth.”

The interactive map at the Department for Transport site at Gov.UK gives more details.

The picture below shows how the £930 million will be funding will be spent in the North West including the Preston area.

growth deal

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