There’s been a long period of uncertainty where it’s not been clear if the Isle of Wight road PFI scheme would go ahead.
Among the mass of information that we’re looking over about today’s Comprehensive Spending Review we found something highly relevant to the Island – an indicator which way the new government is likely to go.
Under the section on the Department for Transport, on page 46, item 2.23, it says
The Government’s intention is to proceed with PFI projects which will deliver sustained improvements in highways maintenance in Sheffield, Hounslow and the Isle of Wight and extend the Nottingham tram network with two new lines. As resources are tight, the Government needs to ensure that every pound is spent to the maximum benefit. The Government will therefore be urgently working with the four local authorities to establish how these projects can be delivered affordably, in order to deliver the much needed benefits.
Key points
“The Government’s intention is to proceed with PFI projects with the Isle of Wight.”
“The Government will therefore be urgently working with the four local authorities to establish how these projects can be delivered affordably, in order to deliver the much needed benefits.”
Summary
So for those keen on the roads, PFI, the signs are good.
Image: joiseyshowaa under CC BY 2.0
