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Economic Development

º£½ÇÊÓÆµ Infrastructure Bank backs Birmingham sprint bus scheme

New government-owned bank invests £10m into project which is aiming to slash congestion and journey times on key city route

º£½ÇÊÓÆµ Infrastructure Bank has invested £10m into the new A45 sprint bus scheme in Birmingham(Image: WMCA)

A new sprint bus transport service to be launched in Birmingham and Solihull has been boosted by a £10 million funding injection.

º£½ÇÊÓÆµ Infrastructure Bank has loaned the capital to the West Midlands Combined Authority for phase one of the new route along the A45 south east of Birmingham city centre.

The project is aiming to increase connectivity between residential and employment areas, speed up journey times and reduce carbon emissions.

It is predicted the sprint bus project will unlock nearly 4,000 jobs due to the increased frequency and speed of connections between Birmingham city centre, the airport and Solihull.

Journey times along the route will be reduced and peak services are expected to run at least every ten minutes, with emissions reduced through less congestion and the use of new hydrogen buses.

º£½ÇÊÓÆµ Infrastructure Bank is a government-owned body launched in June to focus on increasing infrastructure investment across the º£½ÇÊÓÆµ by partnering with both private sector and local governments to finance green projects.

Chief executive John Flint said: "This project not only delivers in working towards achieving our net zero target but is important to the economic growth in the region.