The British Property Federation (BPF) has welcomed the publication of a National Policy Statement for the road and rail networks, describing it as ‘a boost for the industrial sector’.
The statement, which follows a consultation period earlier this year, outlines a framework for the upgrading and further development of the networks.
It will serve as the basis for decision making relating to Nationally Significant Infrastructure Projects (NSIPs) in England and is expected to assist in new consent applications.
The Strategic Road Network consists of only 2 per cent of English roads but carries two thirds of all freight traffic carrying goods from industrial parks and distribution hubs.
Upgrading this network will allow for the speedier delivery of goods and parcels, benefitting not only the public, but also the industrial and logistics sectors which are vital contributors to the economy.
Speaking about the statement Liz Peace, the chief executive of the BPF, said: “producing a framework for our roads and rail networks is a real boost for the industrial sector which relies upon this necessary infrastructure.
“Ensuring a healthy industrial sector does not just ensure that we receive our Christmas shopping on time, but also has wider implications for the economy, to which it is a significant contributor, and job creation across the country.”