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Transport infrastructure investment: Capturing the wider benefits of investment in transport infrastructure

Posted on: 16 January 2014
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Filed under: News

This report from the Royal Town Planning Institute argues that transport infrastructure, uniquely, has the ability to open up previously undevelopable land which can then be used for housing and provide new opportunities for employment activity, but because this is rarely an immediate consequence and the benefits are difficult to quantify, it is not fully accounted for in cost-benefit analyses. The result has been that too few infrastructure projects which could have acted as a catalyst to growth have been approved.

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