Following the Budget 2017, the Chancellor Philip Hammond has launched another large-scale UK infrastructure project, focusing on the Midlands.
The £392 million investment in the Midlands Engine Strategy, will realise improvement for employment and connectivity throughout the region, increasing job opportunities within planning, design and construction.
The money is expected to support a number of projects, including
- £10 million to refurbish Broadmarsh bus station and car park. This investment will provide a new tram stop, and deliver a new retail area in Nottingham city centre.
- £6 million to catalyse the regeneration of Derby City Centre (pictured).
- £16.7 million will be invested in the Burton Upon Trent Flood Alleviation Scheme, better protecting more than 4,000 properties.
- £12 million “to unlock commercial and housing development and improve superfast broadband infrastructure” in Coventry and Warwickshire.
Hammond said: “The Midlands has enormous economic potential and it is more important than ever that we now build on its existing strengths to make sure it fulfils it.”
Communities secretary and Midlands Engine ministerial champion Sajid Javid said: “Backed by millions in investment, this new strategy will help create more jobs and boost skills in the region. It will also showcase to investors here and abroad everything the Midlands Engine has to offer.”
The Midlands Engine Strategy is an opportunity for planners and environmental professionals to play a critical role planning the long-term housing, transport and environmental policies across the region.