Development Strategies, Local Transport Networks And Funding
Price
Free (open access)
Transaction
Volume
26
Pages
11
Published
1996
Size
1,360 kb
Paper DOI
10.2495/UT960011
Copyright
WIT Press
Author(s)
C.A. Brook
Abstract
Development strategies, local transport networks and funding C.A. Brook Clive Brook Associates (Town Planning and Development Consultants) Limited, 2 Northwest Business Park, 1. Introduction 1.1 In the UK and other western economies private sector funding contributions towards components of local transport networks are increasingly important . In the context of reductions in government resources devoted to transport infrastructure projects, the increasing costs of such projects and the need for modernisation/renewal of existing transport facilities, the private sector is being encouraged both directly and indirectly to make funding contributions. In certain circumstances this can act as a major incentive to a private companies plans, while in others it can be a deterrent. In this paper I concentrate on financial contributions achieved via development projects and developer contributions. 1.2 The trend towards private sector funding is occurring at the national, regional
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