Response to £600m PFI credit announcement

By on 25/03/2010 in News, Video News

 In response to today's announcement from the Department for Transport that more than £600m of Government funding will be made available to improve Birmingham’s road network, Councillor Len Gregory, Cabinet Member for Transportation and Street Services, said:

 “The PFI project is a significant undertaking. The Council’s commitment of its Highways budget, together with Government support via a grant of more than £600m will mean that its benefits will reach every resident and visitor to the city.

 ”Roads and pavements of the city will be restored to a high standard and maintained over the next 25 years. Street lighting will be improved, introducing not only energy-efficient technology but delivering a better quality of light for all road users. Traffic signals will be renewed and the city centre tunnels will be refurbished. This step change will see over £300 million of investment in the early years of the project and will affect the way that we manage all highway infrastructures for generations to come.

 I am further delighted to learn that the Government will be making available £9.19m to the West Midlands to help repair winter damaged roads and I look forward to Birmingham receiving its share.”

 For previous release on Highways PFI

To read the DfT press release

ENDS

 

For more information please contact Hayley Meachin on 0121 303 1271/ 07920 750007  hayley.meachin@birmingham.gov.uk

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  1. Dorothy Frances says:

    Excellent news for Birmingham! Love the voice behind the camera…

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