NEWS > Benefits to business on Great Eastern Main Line
Published: Wednesday, 02 Jun, 2010
Improvements to the Great Eastern Main Line could generate GBP3.7 billion in benefits to businesses and commuters in the East of England, transport experts at the East of England Development Agency, EEDA, have concluded in a report published 28 May 2010. The Economic Case for Investment on the Great Eastern Main Line was commissioned from transport consultants Atkins by EEDA working with
Improvements to the Great Eastern Main Line could generate GBP3.7 billion in benefits to businesses and commuters in the East of England, transport experts at the East of England Development Agency, EEDA, have concluded in a report published 28 May 2010. The Economic Case for Investment on the Great Eastern Main Line was commissioned from transport consultants Atkins by EEDA working with a range of partners including Regional Cities East, Shaping Norfolk’s Future, the Haven Gateway Partnership, Norfolk County Council, Suffolk County Council, Essex County Council, Norwich City Council, Ipswich and Colchester Borough Councils, and National Express East Anglia.
Achieving the partners’ vision for the line, the study concluded, could deliver GBP3.4 billion of conventional transport related economic benefits and GBP280 million of wider economic impacts within the East of England. The vision for the line includes improved travel times, greater capacity, new trains for longer distance services, improvements to rural stations, longer franchises and better facilities such as wi-fi access. This vision was developed by the partners after a transport study by EEDA in 2008 showed constraints on the line were harming the economy in the East of England. Businesses, commuters and other passengers travelling from and to Chelmsford, Colchester, Ipswich and Norwich are most likely to benefit.
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