Project key to economic growth
The decision has been welcomed by national business groups.
Mike Cherry, national chairman of the Federation of Small Businesses, said: “It is good to see a specific commitment from the government on this project, which will have benefits not just for the South East and London, but for trade and travellers far beyond.
“While there have been dif- ferences of opinion over where the new crossing should be located, we welcome the fact that a choice has been made and money committed.
“However, we urge all authorities to get on and build the crossing as fast as possible.”
Eddie Curzon, London director of the CBI, said: “With official projections showing that the volume of vehicle traffic is set to increase by 34% on current levels by 2041, the construction of a Lower Thames Crossing is an essential long-term solution to reducing congestion at the existing Dartford Crossing.
“A new crossing will boost capacity on the strategic road network, enabling a greater flow of passenger and freight traffic from A to B, thereby unlocking economic growth across the UK.”