IED Annual Awards 2017: Highways England wins ‘Greatest Economic Impact’ award
Highways England’s plan setting out how the country’s motorways and major A roads will unlock economic growth and support development for decades to come has been recognised by the Institute of Economic Development (IED).
The IED hailed the company’s strategic economic growth plan, ‘The Road to Growth’, in awarding it the ‘Greatest Economic Impact’ prize at the inaugural IED Annual Awards staged at the IED Annual Conference on 23rd November. The plan includes Highways England’s Innovation, and Growth and Housing Funds.
“It is a great achievement to be recognised by the IED for our innovative approach to unlocking economic growth,” said Highways England's Executive Director of Strategy and Planning Elliot Shaw. “While we continue to successfully deliver the Government's Road Investment Strategy, we are actively looking ahead to 2020 and beyond. It is this strategic and innovative thinking that is showing the difference we are making.”
IED Chair Bev Hurley said: “We would like to congratulate Highways England as the first winner of our Greatest Economic Impact award. ‘The Road to Growth’ is the first strategic economic growth plan for Highways England and draws upon extensive research, consumer and stakeholder feedback. It is closely aligned with the Government and Department of Transport’s vision for a high performing road infrastructure that positively impacts the economy, employment and housing markets.
“Highways England has made ‘supporting economic growth’ one of its five strategic priorities and at the same time has set funding aside for innovation, some strategic projects that could unlock growth and produced a planning guide setting out how to work with the organisation. Whilst the overall approach may not yet be fully measurable, it was considered clear from the documents submitted by Highways England that this shift to concentrate on economic growth can make a considerable difference to the economic growth of locations across England.”
‘The Road to Growth’ and further details of Highways England’s Growth and Housing Fund can be found at https://www.gov.uk/guidance/highways-england-supporting-growth.
Contact: Phil Smith, Institute of Economic Development PR consultant, 01778 218180 / 07866 436159 / firstname.lastname@example.org.
Notes to editors:
The Institute of Economic Development (IED) is the UK’s leading independent professional body representing economic development and regeneration practitioners. Established over 30 years ago, the IED's key objective is to represent the interests of economic development practitioners and ensure their views are widely expressed and noted. The IED is committed to demonstrating the value of economic development work for local and regional communities; the pursuit of best practice in economic development and the attainment of the highest standards of professional conduct and competence.