Roads investment to deliver major construction jobs boost
Thousands of new construction jobs are set to be created across the country as a result of the government's latest announcement of a massive investment in improving the nation's transport infrastructure.Set to get underway in 2014, the Department for Transport (DfT) is to funnel £1.9 billion into roads maintenance and new development projects up and down the country, with the sustained investment in the area expected to deliver a benefit to the economy as a whole of more than £18.8 billion over the coming years.It is the largest programme of investment in new roads and streamlining journeys across the country since the 1970s and forms part of the DfT's efforts to combat the massive increase in traffic that is expected over the coming decades.Indeed, government figures predict UK traffic volumes will rise by 43 per cent by 2040 and a considered and large-scale investment in new infrastructure is therefore required.Roads minister Robert Goodwill said: "This government is committed to delivering the modern infrastructure we need to compete in the global race, investing across the board to cut congestion and reduce journey times in roads, rail and local transport."We are already seeing massive improvements being made to our major roads and motorways. In 2014 the public will see even greater improvements right across the country."Almost 10,000 construction jobs will be created as part of the investment for the coming year, with 209 schemes to be delivered between now and 2020 - more than half of which will be completed in the coming 12 months.Overall, investment of £1.9 billion will be seen in 2014, with spending set to rise by a further £3 billion by the end of the decade.Schemes being prioritised for completion in the coming 12 months will be those that are expected to drive the greatest level of growth for the economy, as the government looks to put several years of recession behind it and move confidently towards a sustained recovery in the UK.
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