Written question asked by Laurence Robertson (Conservative) on Wednesday, 11 July 2018, in the House of Commons. It was due for an answer on Monday, 16 July 2018 (named day). It was answered by Nusrat Ghani (Conservative) on Monday, 16 July 2018 on behalf of the Department for Transport.
Railways: Cost Effectiveness
- Question
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To ask the Secretary of State for Transport, what recent assessment he has made of the cost benefit ratio of (a) HS2 and (b) the Missing Link solution in Gloucestershire; and if he will make a statement.
- Answer
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The last business case for HS2 was published in 2017 and can be found at: https://www.gov.uk/government/publications/hs2-phase-two-economic-case
It showed that the full network has a benefit to cost ratio of 2.3. This means that for every £1 invested, HS2 will generate more than £2 in economic benefits, constituting high value for money.
The A417 “Missing Link” route options were brought to public consultation in February – March 2018. The two routes taken to consultation had a Value for Money range from low to poor, and Benefit Cost Ratios of 1.04 and 0.68. Highways England are currently undertaking further development of the scheme detail and assessment of the routes’ VfM.
Secondary information
- Type
- Written question
- Reference
- 162980
- Session
- 2017-19
- Subjects
- Cost effectiveness Construction Railways A417
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2019-08-17 23:09:27 +0100
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- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/162980
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