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TfL plans to double road spending over the next decade

  • 11 December 2012
  • By Ashleigh Wight

The Mayor of London intends to double spending on London’s roads during the next decade, rising from a planned £1.9bn to £3.8bn.

The investment, revealed in the draft of Transport for London’s (TfL) Business Plan published last week, includes plans to increase the number of variable message signs at junctions to help drivers avoid congestion and improve traffic light sequences.

TfL said this would help improve day-to-day reliability and support economic growth and create jobs in the capital.

the transport authority hopes to improve uptake of alternative and cleaner-fuelled vehicles to reduce emissions on last mile deliveries in London. It also aims to equip 1,500 traffic lights with Split Cycle Offset Optimisation Technique technology, which optimises traffic signals in response to real-time traffic conditions, by 2019.

Mayor of London Boris Johnson said: “As sure as night follows day investment in transport drives economic activity and investment in the capital benefits the entire country.”

TfL Commissioner Peter Hendy said: “During the Games, twice as many freight operators as usual undertook out of hours deliveries, and a quarter of those who introduced or increased them intend to maintain them in the future. We will continue working with the freight industry and businesses to share best practice.”

Under the current agreement, government funding for the plans is secure until the end of the 2014/15 financial year.

The plans will be considered by the TfL Board on Wednesday (12 December).

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Article source: http://www.commercialmotor.com:80/latest-news/tfl-plans-to-double-road-spending-over-the-next-decade