Investing in our transport future

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Transcript of Investing in our transport future

  • Investing in our transport future A strategic framework for investment in land transport

    Department of Transport, Tourism and Sport

  • i

    Foreword by the Minister.................................................................................................... v

    Acknowledgements ........................................................................................................... vi

    Steering group members ....................................................................................................... vi

    Acronyms vii

    Key Issues ........................................................................................................................ viii

    Introduction ......................................................................................................................... 1

    Key features of the framework policy .................................................................................... 1

    Focus on economic growth ............................................................................................ 1

    Principles to frame future investment ............................................................................. 1

    Report outline ....................................................................................................................... 2

    Chapter 6 - A useful overview ........................................................................................ 2

    SECTION A: Setting the context ........................................................................................ 3

    1. Transport and travel trends ............................................................................................ 4

    1.1 Population, economic and spatial issues ......................................................................... 4

    Population and economic growth ................................................................................... 4

    Spatial issues ................................................................................................................. 4

    1.2 Transport demand trends and modal issues .................................................................... 6

    Car demand ................................................................................................................... 6

    Public transport: Bus and rail ......................................................................................... 7

    Mode shares .................................................................................................................. 7

    Goods vehicle demand .................................................................................................. 8

    International connectivity ................................................................................................ 8

    1.3 Supply-side issues ........................................................................................................ 10

    1.4 Discussion..................................................................................................................... 10

    Growth in car demand .................................................................................................. 10

    Growth of commuter belts ............................................................................................ 11

    Need for more effective spatial planning ...................................................................... 11

    Need to address commercial transport requirements ................................................... 11

    Maximising value ......................................................................................................... 11

    2. Contribution of transport investment to economic growth ........................................ 12

    2.1 Introduction ................................................................................................................... 12

    2.2 Evidence of return on transport investment ................................................................... 12

    2.3 Outcomes of recent transport investment in Ireland ...................................................... 13

    2.4 Impact on Irelands global competitiveness ................................................................... 14

    2.5 Land transport priorities for enterprise ........................................................................... 15

    2.6 Transport investment and regional development ........................................................... 16

  • ii

    2.7 Discussion..................................................................................................................... 16

    Positive returns on investment ..................................................................................... 16

    Improving competitiveness through further investment................................................. 17

    Need for coherent regional development policies ......................................................... 17

    SECTION B: Considering the context .............................................................................. 18

    3. Assessing transport investment need in Ireland ........................................................ 19

    3.1 Introduction ................................................................................................................... 19

    3.2 Transport investment in context .................................................................................... 19

    3.3 Exchequer impacts and alternative funding models ....................................................... 22

    3.4 Funding requirements for a steady state network .......................................................... 24

    3.5 Addressing the steady state funding shortfall ................................................................ 25

    Option 1: Increase efficiency of expenditure ................................................................. 26

    Option 2: Reduce size of state-funded road and rail network ....................................... 26

    Option 3: Reduce performance level required of certain assets ................................... 27

    Option 4: Increase the Exchequer allocation for transport and/or find alternative sources

    of funding ..................................................................................................................... 27

    3.6 Discussion..................................................................................................................... 28

    Investment sources and levels ..................................................................................... 28

    Estimating the necessary funding level ........................................................................ 29

    Addressing funding issues ........................................................................................... 29

    4. Network use and travel demand .................................................................................. 31

    4.1 Existing demand patterns and future demand growth .................................................... 31

    4.2 Implications of existing and future demand.................................................................... 32

    4.3 Other key influences on transport demand .................................................................... 35

    4.4 Managing current and future transport demand ............................................................. 35

    Spatial planning ........................................................................................................... 36

    Network management and technology solutions .......................................................... 37

    Demand management through fiscal measures ........................................................... 37

    4.5 Discussion..................................................................................................................... 38

    Projected increases in travel demand .......................................................................... 38

    Need for better management of transport demand ....................................................... 39

    5. Supporting other policy objectives .............................................................................. 40

    5.1 Social inclusion ............................................................................................................. 40

    Transport in rural areas ................................................................................................ 40

    Transport and older people .......................................................................................... 40

    Transport for low-income households .......................................................................... 40

    Transport for people with disabilities: Accessibility policy ............................................. 41

  • iii

    5.2 Environmental, biodiversity and climate policy .............................................................. 41

    Air quality, noise, biodiversity and energy use/renewables ........................................... 41

    Climate policy .............................................................................................................. 41

    5.3 Facilitating regional economic development .................................................................. 42

    Transport and regional balance .................................................................................... 42