
Economic Opportunities
Jan 16 2025
The West Midlands has been handed £1 billion funding to expand the region’s tram, train, bus and cycle networks and drive a green transport revolution.
The West Midlands Combined Authority (WMCA) has secured the money from the government’s City Region Sustainable Transport Settlement (CRSTS) fund.
Hundreds of millions of pounds will now be used to kickstart a wide range of projects from new Metro tram extensions to more electric vehicle charging points in a move to decarbonise our region’s transport system, create new jobs and opportunities for local people and bolster the fight against climate change.
An ambitious bid document, developed in partnership across the region and submitted by the WMCA to the Department for Transport (DfT) last month, set out priorities for transport investment which would help drive a green and inclusive economic recovery and support the region’s target to be net zero by 2041.
The bid set out how funding would:
Moves towards a zero-carbon transport network would also be accelerated with the installation of 1,000 electric vehicle charging points, as well as ultra-fast charging facilities for electric heavy goods vehicles, vans and buses.
A raft of new safe cycling routes will also be developed to encourage people to be more active on their commute.
This £1 billion of funding will cover five years from April 2022 and over the next few weeks Transport for West Midlands (TfWM), which is part of the WMCA, will work with the Department for Transport, local councils and transport industry partners to develop a detailed plan for investment.
Andy Street, the Mayor of the West Midlands, said:
I am absolutely delighted that our ambition has paid off and we’ve secured more than £1 billion of government investment to continue our transport revolution here in the West Midlands.
It is the largest single transport sum we have ever received, and I know the team cannot wait to press on and start getting diggers in the ground on some truly game-changing schemes.
From more Metro lines and train stations, to new bus routes and EV charging points, this cash will help us to continue to build a clean, green transport network that connects communities and tackles the climate emergency.
The WMCA and partners are meanwhile seeking additional funding opportunities through other government sources such as the Levelling Up Fund and the Bus Service Improvement Plan to support projects which cannot go forward through CRSTS.
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