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Mike Salter Transport Planning Manager EEDA

Mike Salter Transport Planning Manager EEDA. My presentation today. Regional economic context for transport; Transport Economic Evidence Study (‘TEES’); and Why travel planning matters. About the RES – key ambitions. GVA per capita over 70% higher in 2031 than today

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Mike Salter Transport Planning Manager EEDA

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  1. Mike Salter Transport Planning Manager EEDA

  2. My presentation today • Regional economic context for transport; • Transport Economic Evidence Study (‘TEES’); and • Why travel planning matters

  3. About the RES – key ambitions • GVA per capita over 70% higher in 2031 than today • GVA per employee over 60% higher • reduce CO2 60% by 2031

  4. RES ‘Engines of Growth’

  5. Regional Economic Context RES: a sustainable transport system that fully supports sustainable economic growth • Priority 1: make best use of existing networks • Priority 2: invest in transport to maximise growth • Priority 3: increased benefit from gateways • Priority 4:reduce environmental impacts

  6. TEES Study Objectives • What is the wider cost to the regional economy of the constraints imposed by the current and planned transport network? • Where in the region does transport impose the most severe costs upon the economy? • What are the economic benefits of implementing additional transport interventions? Sound economic and transport modelling as basis

  7. Study Findings - Costs of Congestion • By 2021, congestion in region will cost UK economy: • As much as £1.3bn per annum in GDP terms if all congestion could be eliminated • And up to £2.2bn per annum in GDP and welfare terms • Equivalent productivity losses in the region: • Up to £900 per worker per annum

  8. Productivity losses / worker - 2021

  9. Study Findings Carbon Impacts – Highway Packages

  10. So why is travel planning important? • Transport has key role in the regional economy • Imbalance between demand and supply causes congestion - £2bn p.a. cost • Targeted investment gives high returns but we cannot build our way out – supply-side alone is not the answer • At most addresses 8-15% of economic cost of congestion

  11. So why is travel planning important? • Need for demand-side measures; travel planning and reducing work-related vehicular journeys a key element • TEES shows that: • 10% reduction in highway trips in Cambridge and Norwich = £20m benefits / year • 10% reduction in London Arc = £50m benefits / year • And carbon benefits too – hits multiple RES ambitions • So keen to support NBTN initiative to develop East of England Business Travel Network

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