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Government to part-privatise UK road network

  • 19 March 2012
  • By Chris Druce

The government will reveal plans later today to sell off parts of the strategic road network.

Prime Minster David Cameron will announce a feasibility study during a speech at the Institute of Civil Engineers.

In a move aping the sale of the UK’s water and sewage supply, foreign companies would be invited to send long leases to run motorways and major A-roads.

While tolling would not be introduced on existing roads, the government would allow it for new projects, from lane widening up to large scale projects along the lines of the M6 toll road.

In a significant policy shift, investors would receive a cut of UK road-tax as reward.

In December the government was criticised for cutting road maintenance budgets.

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Article source: http://www.commercialmotor.com:80/latest-news/government-to-part-privatise-uk-road-network