2. How is regeneration managed?
Infrastructure investment
• What is infrastructure?
3. Infrastructure investment
• Investment in infrastructure and addressing accessibility are
a major factor in maintaining or increasing economic
growth.
• Infrastructure projects have two main characteristics: high
cost and longevity – therefore the need Government
funding and backing.
• Since the 1980’s there has been an increase in privatisation
and partnerships between Governments and private
financiers, to design/ build/maintain public sector assets, in
return for long term payments or profit from the initial
revenue generated.
• The Infrastructure and Projects Authority part of the
Treasury was established in January 2016, to oversee long-
term infrastructure priorities and secure investment for
Cross rail and broadband.
4. High Speed 2 Rail Link
• First major investment in railways in the UK since 1945.
Up to now the government had favoured heavily the
road network.
• High Speed 2 is the second high speed rail project in
the UK. First was to Kent for Euro Star trains to Europe.
• Estimated cost of £50B
• Huge debate about where the route should go.
• Two stages;
1. To Birmingham to be completed by 2025
2. To go to Leeds and Manchester by 2030.
6. Task: Costs Benefits
Social
Economic
Environmental
Complete the Cost-Benefit analysis,
using all the resources – articles
and clips that you have been given,
sugest you do it on your iPad so
that you can expand the boxes as
you go.
Plus merits available for excellent
examples from your independent
research.
7. Impacts
• Read your handout and see
what social, economic and
environmental costs and
benefits
8. What do people think?
• What is happening in Hopton in Staffordshire?
HERE
• Watch this documentary HERE (High Speed rail, is it
worth it)
• HS2 is it worth? HERE