Press Release 3, 24 March 2004
RIIG welcomes SRA interchnage policy as first step in right direction
The Railfreight Interchange Investment Group (RIIG) today welcomed the launch of the Strategic Rail Authority’s policy on rail freight interchanges.
Michael Hughes, Chairman of RIIG, said:
“Five years ago, Government policy explained why railfreight interchanges were important for both the economy and the environment – we have been waiting ever since for Government to explain how these interchange developments are to be encouraged and secured”.
In the interim, major interchange proposals, such as LIFE West London , have either been rejected or delayed by the planning process, despite support from the Regions, transport users, operators and developers.
The planning system has failed to support the sustainable transport objectives enshrined in policy documents such as the New Deal for Railways, Sustainable Distribution and the SRA’s own Freight Strategy. This mismatch between planning and transport policies is bad for business confidence and could stand in the way of real growth in railfreight traffic.
If freight is to switch from road to rail, there is general agreement that more interchanges are needed – to fully realise the benefits for the Regions, for business and the environment, over £2 billion of private sector funds are waiting to be invested in creating the necessary interchange facilities. The key to unlocking this massive private sector investment is coherent policy making, co-ordinated across a range of government departments, to set out the conditions under which railfreight interchanges can be developed.
Against this background, the SRA’s policy document on railfreight interchanges is a very welcome first step – the industry is now waiting to hear from Government as to how this policy can be given some teeth."
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Notes:
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Further information and press contact via RIIG secretariat, telephone 01825 841103, fax 01825 841049
Website: www.riig.org, email: info@riig.org
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Railfreight Interchange Investment Group (RIIG) is being headed by five leading UK developers to promote greater investment in railfreight interchanges and a more consistent planning policy that recognises their importance to the economy.
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The lead developers in RIIG are:
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BAA Lynton (the property arm of the airports group BAA);
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Burford Group;
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Helios Properties;
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Prologis Developments; and
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Shell
The group is supported by other companies in the property and freight industries including several major occupiers.
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The aim of the group is two-fold:
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To promote the investment, employment and environmental benefits of railfreight interchanges, delivering the success of such developments across mainland Europe
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To seek a more constructive approach by Government planning policy towards railfreight interchanges, to maximise the benefits to UK plc
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