The Greater Manchester Transport Fund

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The Greater Manchester Transport Fund

• Sir Richard Leese
• Leader, Manchester City Council

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Background Key drivers for transport investment

• For a stronger economy
• Linking people to jobs
• Freeing up roadspace for future growth
• Delivering a fiscal stimulus now and a future
  infrastructure legacy
• For a more inclusive society
• Expanding local peoples horizons
• Reducing the cost of worklessness to Greater
  Manchester and UK Plc
• For a more sustainable city region
• Managing the carbon impact of growth
• Supporting all organisations (public and private)
  in meeting sustainability requirements

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Background Current transport situation

• Rail
• Good basic network, used more and more, but
  overcrowded on key lines and in need of better
  stations
• Tram
• Hugely popular, but overcrowded and with scope
  for further expansion
• Bus
• Improving in quality, but could be more
  coordinated and reliable to attract modern
  commuters
• Integration
• Needs to improve across all 3 modes

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Background Work already underway

• Metrolink System Upgrade
• Additional tram vehicles
• Existing stop improvements
• City centre track renewals
• Metrolink Phase 3a expansion
• 600 million project underway
• New lines (Oldham/Rochdale, Droyslden, Chorlton
  and MediaCity spur) to open between 2011 and 2012

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Greater Manchester Transport FundConcept behind
the Fund

• City Region has acknowledged the value of
  transport investment to future prosperity
• During early 2009, work was undertaken to
  identify
• Priority list of investment schemes to deliver
  economic, environmental and social objectives
• Potential scope for utilisation of local/regional
  funding to support a city region-led investment
  programme

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Greater Manchester Transport FundFunding
Envelope

• Fund comprises a range of existing funding
  elements (present to 2018/19), which are to be
  pooled for investment
• Regional Funding Allocation (448m)
• Local Transport Plan contribution (147m)
• Increased local authority levy for GMITA (for
  fund borrowing of 649m over 30 years)
• Other contributions (291m)
• Total fund size 1.535m

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Greater Manchester Transport FundAccelerated
Funding Package

• Four key elements of the package will be
  fast-tracked for delivery by 2013/14
• Metrolink extension from Chorlton to East
  Didsbury
• Metrolink extension from Droylsden to Ashton
• Cross City bus system
• New Park and Ride schemes

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Greater Manchester Transport FundWider
Investment Package

• Remaining GMTF funding is to deliver by 2018/19
  (many much earlier)
• Metrolink into Oldham and Rochdale town centres
• Metrolink to Manchester Airport (and second city
  centre line)
• New Interchanges at Altrincham and Bolton
• Leigh Guided Busway
• Local rail stations improvement package
• Plus,
• SEMMMS Road Scheme
• Mottram Bypass and Glossop Spur
• Ashton Northern Bypass Stage 2
• Wigan Inner Relief Road

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Greater Manchester Transport FundFurther
priorities outside current funding

• North Bury / Heywood East Lancs commuter
  options
• Metrolink to Trafford Park
• Stockport Interchange and Stockport Town Centre
  Access Scheme

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Completing the Picture Other Key Strategic
Elements

• GMTF is designed to complement parallel elements
  of our transport strategy, including
• Local Transport Act striving to improve the bus
  network for Greater Manchester
• Manchester Hub and our future rail network
• High Speed Rail
• Future statutory role in transport as a modern
  city region

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Thank you

• Sir Richard Leese
• Leader, Manchester City Council