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Cut-price Forth crossing outlined | |
(about 7 hours later) | |
A new cut-price Forth crossing has been announced by the Scottish Government as it outlined its transport vision for the next 20 years. | |
The cost of the toll-free bridge, previously estimated at £4bn, has been reduced to between £1.72bn and £2.34bn. | |
Holyrood ministers want to publicly fund the crossing by bringing capital investment forward. | |
Labour claimed the move showed the SNP's alternative to PPP/PFI funding had failed. | |
Transport Minister Stewart Stevenson also outlined plans to improve roads and train services across Scotland under the transport vision, which will take in 29 projects. | |
Under government plans, the existing Forth road bridge would remain open for public transport, cyclists and pedestrians alongside the new one, due for completion in 2016. | |
There is continuing uncertainty in the financial markets Stewart StevensonScottish transport minister class="" href="http://www.bbc.co.uk/blogs/thereporters/briantaylor/2008/12/bridging_the_gap.html">Read Brian Taylor's blog class="" href="/1/hi/scotland/7775123.stm">MSPs issue private funding call | |
Holyrood ministers have approached the Treasury about increasing the capital budget to fund the new crossing while it was being paid for, with a reduction in later years. | |
However, the Scottish Government has yet to receive an answer. | |
Mr Stevenson told parliament the new Forth bridge would dominate the investment programme until it opened, while warning parliament that the financial climate had "materially changed". | |
This, he said, included an estimated £1bn being taken from the Scottish budget between 2010 and 2012 in the wake of the chancellor's pre-Budget report. | |
"There are external factors outwith this government's control which will have an impact on how and when we can deliver on the infrastructure investment this country needs," said Mr Stevenson. | |
"There is continuing uncertainty in the financial markets. The cost of borrowing and the availability of funds are fluctuating daily." | |
Labour transport spokesman Des McNulty said the Scottish Government had been humiliated by a decision not to use its Scottish Futures Trust alternative to tie-ups with the private sector. | |
"Funding Scotland's biggest engineering project in a generation by conventional procurement, at a cost of up to £2.3bn, will have a massive impact on the Scottish Government's ability to deliver other projects," he said. | |
Under the overall plans, Glasgow to Edinburgh rail journeys would increase to 13 services an hour by 2016, with the journey time cut to about 35 minutes. | |
The number of trains from Glasgow and Edinburgh to Inverness would also be increased and journey times would be cut by half an hour, while the main road to the Highlands, the A9, is to be dualled between Inverness and Perth. | |
The A96 Inverness to Aberdeen road will also be upgraded to dual carriageway between the A9 and Nairn under the government's plan. | |