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



For more information please contact Hayley Meachin on 0121 303 1271/ 07920 750007

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  1. Dorothy Frances says:

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