The GMCA is continuing to invest in infrastructure improvement schemes across the region. The latest approval sees the release of almost £20m for works to improve access in to Stockport town centre and prepares the way for a new bridge into the town’s transport interchange.
Phase 1 of the works stared back in April 2015 and 19 of its 29 projects have been completed witha further 7 progressing.
The GMCA's total spend on phase 1 is already £57.7ma, Phase 2A was approved earlier and is formed of 18 projects, this latest approval is for Phase 2B.
Cllr Alex Ganotis, Stockport’s leader, said at the meeting: “This scheme is crucial to the regeneration of the town centre, both for cars and for public transport. The whole southern part of the city region will feel the benefits.”
The works programme covers projects improving access to the town centre from the north and west and was found to represent “very high value for money,” with every pound invested reaping £5 over the lifetime of the scheme, thanks largely to travel time savings.
This further demonstrates how having true decision making power at a local level can influence and improve the local economy.
GMCA approves Stockport transport plan