A state-owned enterprise ( SOE ) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives.
57-1980: (Redirected from National Highway System ) National highway or National Highway may refer to: National Highways (England) National Highway (Australia) List of national roads in Belgium Brunei National Roads System National Highway System (Canada) Trans-Canada Highway Yellowhead Highway National highways of China Danish national road network Route nationale Bundesstraßen National highways of India National primary road National secondary road State highways (Italy) National highways of Japan List of national roads in Latvia Malaysian Federal Roads System Mexican Federal Highway New Zealand state highway network National Highway System (Nepal) Norwegian national road National highways of Pakistan National roads in Poland Russian federal highways National routes in South Africa National highways of South Korea List of national roads in Spain Swedish national road Turkish State Highway System State highways (Ukraine) National Routes of Uruguay United States [ edit ] National Highway System (United States) United States Numbered Highway System National Road National Old Trails Road See also [ edit ] Highway systems by country List of controlled-access highway systems National road (disambiguation) National Highway ,
114-671: A 1987 Indian short animated film by R. N. Mistry, winner of the National Film Award for Best Non-Feature Animation Film Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title National highway . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=National_highway&oldid=1245035476 " Categories : Disambiguation pages National highways Hidden categories: Short description
171-528: A new Road Period starts, National Highways will provide the Secretary of State for Transport with an SRN Initial Report, including an assessment of the state of the SRN, maintenance and enhancement priorities, and future development needs. Following this, the government produces a draft RIS setting out the high-level outputs that National Highways will need to deliver within the corresponding Road Period, alongside
228-600: A proposed footpath and cycleway between King's Lynn and Fakenham , and in January 2023 King's Lynn and West Norfolk Borough Council demanded that National Highways submit a retrospective planning application. An 1847 skewed masonry arch at Rudgate near Tadcaster , designed by John Cass Birkinshaw for the Harrogate–Church Fenton line , was infilled by National Highways in 2021. The agency had to seek retrospective planning approval from North Yorkshire Council for
285-661: A public objective. For that reason, SOEs primarily operate in the domain of infrastructure (e.g., railway companies), strategic goods and services (e.g., postal services, arms manufacturing and procurement), natural resources and energy (e.g., nuclear facilities, alternative energy delivery), politically sensitive business, broadcasting, banking, demerit goods (e.g., alcoholic beverages ), and merit goods (healthcare). SOEs can also help foster industries that are "considered economically desirable and that would otherwise not be developed through private investments". When nascent or 'infant' industries have difficulty getting investments from
342-495: A regular enterprise, state-owned enterprises are typically expected to be less efficient due to political interference, but unlike profit-driven enterprises they are more likely to focus on government objectives. In Eastern Europe and Western Europe , there was a massive nationalization throughout the 20th century, especially after World War II . In the Eastern Bloc , countries adopted very similar policies and models to
399-580: A third of all its motor vehicle traffic. National Highways is responsible for the Design Manual for Roads and Bridges (DMRB) providing the standards, advice notes and other documents relating to the design, assessment and operation of trunk roads , including motorways in the United Kingdom . The manual is produced by National Highways in conjunction with the devolved governments of Wales , Scotland and Northern Ireland . The manual
456-609: Is a partnership between National Highways, the National Police Chiefs' Council , the breakdown/recovery industry and other road service providers. The Survive Group has been established to improve the safety of those who work on the road network and the travelling public and is also dedicated to the promotion of driving safety. The name Survive comes from Safe Use of Roadside Verges in Vehicular Emergencies. The Survive Group website holds information on
513-666: Is a private company limited by shares, wholly owned by the Secretary of State for Transport . The National Highways Board is the primary governance arm of the company and is accountable to the Secretary of State for Transport. The Board delegate responsibility of the day-to-day running of the company to the Chief Executive who, as the Accounting Officer, is accountable to the Permanent Secretary of
570-562: Is a viable argument for SOEs is debated. SOEs are also frequently employed in areas where the government wants to levy user fees , but finds it politically difficult to introduce new taxation. Next, SOEs can be used to improve efficiency of public service delivery or as a step towards (partial) privatization or hybridization. SOEs can also be a means to alleviate fiscal stress, as SOEs may not count towards states' budgets. Compared to government bureaucracy, state owned enterprises might be beneficial because they reduce politicians' influence over
627-456: Is a website that gives information about the latest traffic conditions as well as details of any roadworks or events that may cause congestion. By selecting current motorway information users can see the average speed between individual motorway junctions, what is being displayed on all the variable-message signs , and images from traffic cameras . The website is run by National Highways' National Traffic Information Service. The Survive Group
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#1732772048454684-699: Is also used in some parts of the Commonwealth . The authority also produces the Manual of Contract Documents for Highway Works (MCHW), and Asset Maintenance and Operation Requirements (AMOR) which supersedes the Network Maintenance Manual and Routine and Winter Service Codes, and its predecessor the Trunk Road Maintenance Manual. Contractors and subcontractors are generally paid via a project bank account , which
741-764: Is approximately 70% of total employment. State-owned enterprises are thus a major factor behind Belarus's high employment rate and a source of stable employment. In most OPEC countries, the governments own the oil companies operating on their soil. A notable example is the Saudi Arabian national oil company , Saudi Aramco , which the Saudi government bought in 1988, changing its name from Arabian American Oil Company to Saudi Arabian Oil Company. The Saudi government also owns and operates Saudi Arabian Airlines , and owns 70% of SABIC as well as many other companies. China's state-owned enterprises are owned and managed by
798-469: Is contestable under what circumstances a SOE qualifies as "owned" by a state (SOEs can be fully owned or partially owned; it is difficult to determine categorically what level of state ownership would qualify an entity to be considered as state-owned since governments can also own regular stock , without implying any special interference). Finally, the term "enterprise" is challenged, as it implies statutes in private law which may not always be present, and so
855-548: Is different from Wikidata All article disambiguation pages All disambiguation pages National Highways National Highways (NH), formerly the Highways Agency and later formerly Highways England , is a government-owned company charged with operating, maintaining and improving motorways and major A roads in England . It also sets highways standards used by all four UK administrations, through
912-630: Is divided into "Areas". They are contracts that are awarded by the Department for Transport . The area teams work alongside the National Highways Traffic Officer Service – providing incident support, emergency traffic management and infrastructure maintenance. They are responsible for the management and operation of the roads in their area. In 2009, fleet tracking has been deployed to assist area teams to manage their specialist winter maintenance vehicles during
969-617: Is highlighted in the predominant local terminology, with SOEs in Canada referred to as a " Crown corporation ", and in New Zealand as a " Crown entity ". The term " government-linked company " (GLC) is sometimes used, for example in Malaysia , to refer to private or public (listed on a stock exchange) corporate entities in which the government acquires a stake using a holding company . The two main definitions of GLCs are dependent on
1026-751: Is in Bridge House, on a one-way gyratory in Guildford , Surrey . Previously its head office was in Dorking , Surrey. In 2014, the agency signed a ten-year lease with the owner of the Guildford facility. Sopra Steria operates the National Traffic Information Service (NTIS) on behalf of National Highways. NTIS is the information hub of England's strategic road network. The service is based at Quinton , Birmingham and
1083-599: Is managed and maintained by an area team (the Managing Agent; MA) and a contractor (the Managing Agent Contractor; MAC). The M6 Toll is a PFI concession which is also part of the strategic road network. In common with the regulated sectors, National Highways works to fixed funding periods called Road Periods. Each Road Period is currently five years in length, and a particular Road Investment Strategy (RIS) will broadly align with this. Before
1140-498: Is responsible for monitoring and enforcing the performance and efficiency of National Highways, and advising the Secretary of State for Transport on its compliance against the Road Investment Strategy and Licence. The Act also established Transport Focus (previously Passenger Focus) as its watchdog with the purpose of promoting and protecting the interests of users of the strategic road network. Traffic England
1197-497: Is responsible for operating, maintaining and improving the strategic road network (SRN) – the motorways and major A roads in England. The SRN comprises over 4,000 miles (6,400 km) of road and includes various structures such as bridges, tunnels, drainage systems and technology assets including variable message signs and cabling. The SRN includes only around 2% of the total road length in England, but it carries around
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#17327720484541254-444: Is responsible for providing accurate, historical, real-time and predictive traffic and incident information to businesses, the travelling public and National Highways' operations. It collects real-time traffic information from over 10,000 fixed sites on the motorway and all-purpose trunk road network from MIDAS and Traffic Monitoring Unit (TMU) electronic loops in the road surface and automatic number plate recognition (ANPR) cameras at
1311-479: Is the agency's default mechanism for ensuring that payments flow down through the supply chain and prevent payment hold-ups for sub-contractors undertaking work on behalf of a prime contractor . National Highways' operations are split into areas which are loosely based on the regions of England . These regions are subdivided into nine operational areas as well as eleven areas and routes which are managed by DBFO (Design-Build-Finance-Operate) companies. Each area
1368-641: The Scottish Government , Welsh Government and Northern Ireland Executive . The renaming has met with some criticism, being the third name for the agency in six years, and with reports that 'Highways Agency' is colloquially used more than either newer name. The name has also attracted criticism from the other countries of the UK, particularly in Wales where the use of 'national' has been criticised despite transport being devolved to Wales. National Highways
1425-550: The Department for Transport on 30 March 1994. As part of the Department for Transport's 2010 Spending Review settlement, Alan Cook was appointed to lead an independent review of the government's approach to the strategic road network. It recognised that the Highways Agency was closer to central government than other infrastructure operators, resulting in a lack of a strategic vision and certainty of funding due to
1482-445: The Design Manual for Roads and Bridges . Within England, it operates information services through the provision of on-road signage and its Traffic England website, provides traffic officers to deal with incidents on its network, and manages the delivery of improvement schemes to the network. Founded as an executive agency , it was converted into a government-owned company, Highways England, on 1 April 2015. As part of this transition,
1539-553: The Historical Railways Estate (HRE) from BRB (Residuary) Limited . In May and June 2021, the space under the road bridge at Great Musgrave in Cumbria was filled with 1,600 tonnes of aggregate and concrete by Highways England, ostensibly for what HRE managers considered safety reasons. The bridge spanned a 5-mile (8.0 km) section of trackbed which local rail enthusiasts hoped to restore, linking
1596-715: The State-owned Asset Supervision and Administration Commission (SASAC) . China's state-owned enterprises generally own and operate public services, resource extraction or defense. As of 2017 , China has more SOEs than any other country, and the most SOEs among large national companies. China's SOEs perform functions such as: contributing to central and local governments revenues through dividends and taxes, supporting urban employment, keeping key input prices low, channeling capital towards targeted industries and technologies, supporting sub-national redistribution to poorer interior and western provinces, and aiding
1653-575: The UK government set out its vision for the future of the English strategic road network in its Road Investment Strategy. A second Road Investment Strategy was published in March 2020, with the company set to invest £27 billion between 2020 and 2025 to improve the network as described in the strategy. The current name was adopted on 19 August 2021. The Highways Agency was created as an executive agency of
1710-546: The Department for Transport, Sustrans , Railway Paths Ltd, Railway Heritage Trust, the HRE Group, Heritage Railway Association , Natural England , Historic England (also representing Cadw ), Historic Scotland and ADEPT. At Congham in Norfolk , a railway bridge designed by the pioneering M&GNJR engineer William Marriott was infilled by National Highways in 2021. The railway route had been identified as part of
1767-536: The Department for Transport, as the Principal Accounting Officer, for the stewardship of public funds. The Principal Accounting Officer and Secretary of State for Transport are both ultimately accountable to Parliament for the activities and performance of National Highways. The Infrastructure Act 2015 established the Office of Rail and Road (ORR) as the monitor for National Highways. ORR
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1824-543: The Eden Valley and Stainmore railways to create an 11-mile (18 km) tourist line between Appleby and Kirkby Stephen . Accused of 'vandalism', Highways England were forced to apply for retrospective planning permission, with Eden District council receiving 913 objections and only two expressions of support, and government intervention to pause National Highways plans to infill dozens of other Victorian bridges across England. Advised by planning officers to reject
1881-469: The Highways Monitor. Development of the SRN is achieved through National Highways' capital investment programme, currently funded entirely by government through grant-in-aid and set out in the first Road Investment Strategy. For Road Period 1 (2015–20), Highways England invested around £15 billion in its network, with additional funding to address other local challenges in proximity of
1938-882: The Minister of Finance II, the Minister in the Prime Minister's Department in charge of the Economic Planning Unit, the Chief Secretary to the Government, Secretary General of Treasury and the heads of each of the GLICs (the Employees Provident Fund, Khazanah Nasional Berhad , Lembaga Tabung Angkatan Tentera (the armed forces pension fund), Lembaga Tabung Haji and Permodalan Nasional Berhad . Khazanah Nasional Berhad provided
1995-624: The SRN relating to the environment; air quality; cycling, safety and integration; and growth and housing. For Road Period 2 (2020-25), National Highways will invest over £27 billion in its network, of which £14 billion is for road enhancements. The rest is for operating, maintaining and renewing its roads, and further funding to address challenges on the environment and wellbeing; users and communities; innovation and modernisation; and safety and congestion. As of this Road Period, National Highways' activities will, at least in part, be funded by vehicle excise duty . The company head office
2052-531: The Survive Group membership details and activities being undertaken by the working groups. It also supplies advice on how to drive safely in a wide range of driving conditions, advice on planning journeys. Survive also provides publications and new guidance produced by the Survive members plus news on new initiatives and forthcoming road safety events. In 2013, Highways England took over responsibility for
2109-1019: The USSR. Governments in Western Europe, both left and right of centre, saw state intervention as necessary to rebuild economies shattered by war. Government control over natural monopolies like industry was the norm. Typical sectors included telephones , electric power , fossil fuels , iron ore , railways , airlines , media , postal services , banks , and water . Many large industrial corporations were also nationalized or created as government corporations, including, among many others: British Steel Corporation , Equinor , and Águas de Portugal . A state-run enterprise may operate differently from an ordinary limited liability corporation. For example, in Finland, state-run enterprises ( liikelaitos ) are governed by separate laws. Even though responsible for their own finances, they cannot be declared bankrupt ;
2166-426: The agency launched an advertising campaign using the song " Go West " by Village People and covered by Pet Shop Boys . The lyrics changed to "Go Left", encouraging people to stop on the left hand side of the motorway in case of breakdown. On 19 August 2021, it was announced that Highways England would be rebranding to National Highways, thus removing any reference to England from its name. This move coincided with
2223-461: The application, the council's planning committee unanimously refused retrospective planning permission on 16 June 2022. Restoration of the Musgrave bridge to its former condition would cost an £431,000, in addition to the £124,000 spent on the initial infilling work. In July 2023, National Highways' plans to restore the bridge and remove the infill were criticised by locals as they involved closing
2280-634: The bridge for three months, necessitating long local diversions for regular users of the B6259 which crosses the bridge. Work began in August 2023 to remove the infill material. After the Great Musgrave outcry, National Highways developed a new way to assess the abandoned rail bridges and tunnels it controls, with decisions reviewed in collaboration with experts from heritage, environmental and active travel sectors. The stakeholder advisory forum includes
2337-569: The cold snap. National Highways employs uniformed traffic officers; on-road and control room, as well as specialist staff for work in engineering, surveying, accountancy, and administration. There is a graduate entry scheme, with general entry and specialist engineering entry options. For the Traffic Officer Service each team is supervised by a team manager, one of between six and eight such managers generally working together, to ensure 24-hour management cover. National Highways
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2394-507: The form of Public Sector Undertakings (PSUs). The Malaysian government launched a GLC Transformation Programme for its linked companies and linked investment companies ("GLICs") on 29 July 2005, aiming over a ten-year period to transform these businesses "into high-performing entities". The Putrajaya Committee on GLC High Performance ("PCG"), which oversaw this programme, was chaired by the Prime Minister , and membership included
2451-448: The infilling work and work on trees protected by a tree preservation order. State-owned enterprise The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and enterprises held by regional public bodies are considered state-owned). Next, it
2508-412: The leading application of the incomplete contract theory to the issue of state-owned enterprises. These authors compare a situation in which the government is in control of a firm to a situation in which a private manager is in control. The manager can invest to come up with cost-reducing and quality-enhancing innovations. The government and the manager bargain over the implementation of the innovations. If
2565-592: The negotiations fail, the owner can decide about the implementation. It turns out that when cost-reducing innovations do not harm quality significantly, then private firms are to be preferred. Yet, when cost-reductions may strongly reduce quality, state-owned enterprises are superior. Hoppe and Schmitz (2010) have extended this theory in order to allow for a richer set of governance structures, including different forms of public-private partnerships . SOEs are common with natural monopolies , because they allow capturing economies of scale while they can simultaneously achieve
2622-548: The permanent appointment of Nick Harris as CEO, after taking over as interim CEO from Jim O’Sullivan in February 2021. It was suggested that the 'national' in the new name refers to the fact that the company is responsible for setting highways standards for the whole of the UK, through the Design Manual for Roads and Bridges, even though decisions on the building and maintenance of roads outside of England are devolved to
2679-399: The private sector (perhaps because the good that is being produced requires very risky investments, when patenting is difficult, or when spillover effects exist), the government can help these industries get on the market with positive economic effects. However, the government cannot necessarily predict which industries would qualify as such 'infant industries', and so the extent to which this
2736-428: The proportion of the corporate entity a government owns. One definition purports that a company is classified as a GLC if a government owns an effective controlling interest (more than 50%), while the second definition suggests that any corporate entity that has a government as a shareholder is a GLC. The act of turning a part of government bureaucracy into a SOE is called corporatization . In economic theory ,
2793-642: The proposed funding. National Highways will then respond with a Strategic Business Plan detailing its plans for delivering the RIS. This is reviewed by the Highways Monitor to assess whether the proposed requirements are deliverable with the proposed financial resources and sufficiently challenging. After the Strategic Business Plan and RIS are finalised, National Highways must deliver the agreed outputs and will be monitored on its progress by
2850-704: The public using the 4,600 roadside variable-message signs , the Highways England website (including a mobile version), social media channels such as Twitter and the telephone-based Highways England customer contact centre as well as distributing information to the media and businesses through a number of data feeds. These feeds are widely used by organisations such as the BBC and local newspaper websites for their own traffic information. Services such as Google Maps and sat-nav operators also use National Highways' data for their traffic information. The motorway network
2907-451: The question of whether a firm should be owned by the state or by the private sector is studied in the theory of incomplete contracts developed by Oliver Hart and his co-authors. In a world in which complete contracts were feasible, ownership would not matter because the same incentive structure that prevails under one ownership structure could be replicated under the other ownership structure. Hart, Shleifer, and Vishny (1997) have developed
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#17327720484542964-544: The roadside. Additionally it uses anonymous floating vehicle traffic data (FVD) from vehicles to supplement the fixed traffic monitoring sites. NTIS also has access to nearly 2,000 CCTV cameras, 300 weather stations, 4,600 roadside electronic signs, 16,000 roadside electronic matrix signals and incident data from over 250 operational partners including the police and local authorities . It processes this data to create useful intelligence for operational decision making and dissemination of current and predictive information to
3021-469: The service. Conversely, they might be detrimental because they reduce oversight and increase transaction costs (such as monitoring costs, i.e., it is more difficult and costly to govern and regulate an autonomous SOE than it is the public bureaucracy). Evidence suggests that existing SOEs are typically more efficient than government bureaucracy, but that this benefit diminishes as services get more technical and have less overt public objectives. Compared to
3078-465: The state answers for the liabilities. Stocks of the corporation are not sold and loans have to be government-approved, as they are government liabilities. State-owned enterprises are a major component of the economy of Belarus . The Belarusian state-owned economy includes enterprises that are fully state-owned, as well as others which are joint-stock companies with partial ownership by the state. Employment in state-owned or state-controlled enterprises
3135-497: The state's response to natural disasters, financial crises and social instability. China's SOEs are at the forefront of global seaport-building, and most new ports constructed by them are done within the auspices of the Belt and Road Initiative . As of at least 2024, an Ethiopian SOE is Africa's largest and most profitable airline, as well as Ethiopia's largest earner of foreign exchange. In India , government enterprises exist in
3192-542: The term "corporations" is frequently used instead. Thus, SOEs are known under many other terms: state-owned company, state-owned entity, state enterprise, publicly owned corporation, government business enterprise, government-owned company, government controlled company, government controlled enterprise, government-owned corporation, government-sponsored enterprise , commercial government agency, state-privatised industry public sector undertaking, or parastatal, among others. In some Commonwealth realms , ownership by The Crown
3249-477: The wider policy environment in which it operated, as well as the limited pressure to drive efficiencies compared to that faced by regulated sectors. After an announcement on 27 June 2013 by Danny Alexander , Chief Secretary to the Treasury , it became a government-owned company with the name Highways England on 1 April 2015. In July 2015, Jim O'Sullivan became chief executive, replacing Graham Dalton. In 2020,
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