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£12m for intelligent transport
Date: 10 October 2006
Stephen Ladyman
The Government has revealed a £12 million research fund to investigate future transport projects.
Funding will be made up of £9m from the Government plus £3m from industry.
Transport minister Stephen Ladyman announced the funding at the Intelligent Transport Systems World Congress in London.
"Our vision for this initiative is to support highly innovative and wide-ranging research and technology demonstrator projects, combining the best UK expertise in industry, Local Authorities, transport service providers and universities," said Ladyman.
