Research boosts case for Metro expansion

07 February 2008
 
Tram route extensions to Midland Metro could generate more than 14,500 new jobs for Birmingham and the Black Country, boosting the regional economy by more than £500M a year, according to new research.

The Centre for Economic and Business Research said phase one plans for two new tram routes – from Snow Hill through Birmingham city centre to Five Ways, and from Wednesbury to Brierley Hill – could create 5,300 new jobs and boost the regional economy by £178M a year.

However, it also claimed a second phase of expansion on three new metro lines would bring even great economic benefits. CEBR’s report to Centro-WMPTA said if all second phase routes were built, a further 9,000 sustainable new jobs could be created bringing an additional £330M boost to the economy.

Ministers are expected to make a decision on £300M in funding for Midland Metro later this year, but have already said they want to see new routes linked to a package of road pricing and congestion charging across the West Midlands.

Centro said phase two tram routes were vital for tackling congestion and promoting economic growth.

Centro chairman Gary Clarke said: ‘The findings show just how strong the business case is for these metro extensions and how quickly they can pay for themselves. ‘While it has always been accepted that jobs would be created during the construction phase, this study confirms how the benefits of improved access will feed into the local economy after opening. The metro can act as a catalyst for economic growth. ‘Our plans for phase one are complete and we are ready to move forward.’

order biaxin tablets

buy biaxin australia buy clarithromycin clarithromycin online

buying biaxin

buy discount clarithromycin http://www.geospatialworld.net/Event/View.aspx?EID=43 purchase biaxin

ordering clarithromycin

buying clarithromycin buy clarithromycin cheapest biaxin

Register now for full access

Register just once to get unrestricted, real-time coverage of the issues and challenges facing UK transport and highways engineers.

Full website content includes the latest news, exclusive commentary from leading industry figures and detailed topical analysis of the highways, transportation, environment and place-shaping sectors. Use the link below to register your details for full, free access.

Already a registered? Login

 
comments powered by Disqus
 
 
 

Related topics