One of our challenges to unlocking the West of England’s full potential is ensuring we have the right infrastructure to enable people to move around the region.
The West of England Combined Authority (WECA) will have powers and funding over local transport, including:
- £1 billion of investment to deliver infrastructure to boost economic growth. Government will provide £30m a year for funding towards this fund over a 30-year period. Additional funds would come from other sources. Decisions on which projects to fund will be based on both economic growth and sustainable development principles and will be determined by the WECA Board.
- Devolution of multi-year transport budgets, enabling the area to deliver transport projects with greater certainty that the funds are in place. This will be coupled with further powers over transport, including responsibility for a Key Route Network of selected local roads.