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Funding / Financing, General transport / Mode, Satellite navigation / Travel software / Modelling, All of UK
Due diligence, traffic forecasts and pensions
Will pension funds really be tempted to invest our money in new road infrastructure?
Keith Buchan, chair of the Transport Planning Society, last month wrote that the Department for Transport’s traffic forecasts were “now so far from reality that there must be an urgent review” of the National Transport Model (Letters LTT 30 Mar). As with all such reviews, the outcome depends on the thoroughness, independence, excellence and credibility of the technical work.
The suggestion is given added salience by David Cameron’s speech at the Institution of Civil...