The Greater Cambridge city region has achieved global success as a world-leading research and technology hub, with the highest cluster of tech firms in the UK (known as the 'Cambridge Phenomenon').
The City Deal is a long-term plan split into three tranches, based on Government funding available over a 15-year period. The initial £100 million investment agreed up to 2019, will enable us to deliver a number of tranche 1 transport projects designed to:
The tranche 1 City Deal projects have prioritised schemes that can be delivered quickly and provide immediate benefits to residents and commuters in Greater Cambridge. Subject to independent assessment of the economic growth achieved through this first tranche of activity, we will apply for further funding for 2020-2024 to deliver tranche 2.
The Cambridge Access Study project is currently allocated a budget of around £18 million.
To secure future economic growth and quality of life, Greater Cambridge has to grow physically, while allowing easy movement between major employment and residential areas. The City Deal will invest in enhancing transport infrastructure that makes it easier for people to travel between places of work, home or study using sustainable modes of transport, reduce congestion and support our city region's connectivity with regional and national transport networks.