Transport for London (TfL) today set out its support for the UITP (the International Association of Public Transport) 'All together for public transport growth' campaign which calls for continuing support and investment in transport.
"It is vital that investment is made in transport infrastructure in cities to boost not only the economy of the city it serves but also that of the whole country."
Sir Peter Hendy CBE
London's Transport Commissioner and UITP President

It is vital that investment is made in transport infrastructure in cities to boost not only the economy of the city it serves but also that of the whole country.

TfL is one of many transport operators across the globe adding their voice to the case for investment, all with the common aim to make cities engines of economic growth and better places to live and work, by improving transport and its infrastructure.

Six-year capital funding settlement

 

In London the Mayor and TfL were able to secure stable and sustained investment in London's transport infrastructure with a six-year capital funding settlement with Government.

The funding will help support jobs and growth in the capital as well as the UK and will allow TfL to continue to deliver:

  • The modernisation of the Tube, including completion of the Northern, Circle, District, Hammersmith & City and Metropolitan lines and the start of the next phase of Tube upgrades, including the Piccadilly, Central and Bakerloo lines
  • Major investment in the road network and cycling
  • Further improvements to the Bus, DLR, London Overground and Tramlink networks

Successful urban transport systems

 

Sir Peter Hendy CBE, London's Transport Commissioner and UITP President, said: 'It is vital that investment is made in transport infrastructure in cities to boost not only the economy of the city it serves but also that of the whole country, and we can clearly see that in London with the jobs and growth created not only in London but nationwide.

'The UITP aims to create joined up thinking across the globe to deliver successful urban transport systems and we can learn from other cities as well as share our knowledge of London and the successes we have already delivered, and are committed to continue to deliver, for the benefit of the Capital and indeed the whole country.'

Huge improvements have been made to the transport network including completing the London Overground orbital network, completion of the Victoria and Jubilee line upgrades, increasing capacity on the Docklands Light Railway and the roll out of the New Bus for London.

Work on constructing Crossrail continues at a pace with services due to be running through central London from the end of 2018, TfL has also been consulting on a route for Crossrail 2 which would link the south west of the capital with the north east.

The Mayor's Roads Task Force has also been set up and has developed a vision for 21st century investment in London's roads, streets and urban realm.

With London's population expected to grow to more than 10 million by the early 2030s investment in continued transport improvements as well as providing new infrastructure is vital in order to be able to support this growth.

Investment in London's transport network supports 40,000 jobs in the UK supply chain, with a further 19,000 supported in the supply chain within London.