Rail News

UK: Network Rail Explores Potential for Overseas Investment in UK Infrastructure

Image courtesy of Network Rail
Image courtesy of Network Rail

Network Rail will conduct an assessment of its electrical power assets, and explore the potential of global investors and electricity network operators to deliver an electrified railway to the UK. By exploring the possibility to import funding and expertise is a keystone in Network Rail’s plan to enhance its competitiveness and improve its commercial performance.

Network Rail is currently selling off property to raise £1.8billion, to part fund a £40billion Railway Upgrade Plan. The Shaw Report published recently recommended financial reform, further devolution and better technological developments in order to meet the increasing demands on the British rail network.

Mark Carne, Network Rail chief executive, said:

“Continuing the historically high levels of investment in our railway that we’ve seen over the last decade is absolutely vital if we’re to provide the railway Britain needs in the years ahead. Better railways drive economic growth, housing and jobs.
“Our approach is all about financial discipline, with a renewed focus on our core activities while being open and innovative about new sources of finance to fund our growing railway.
“Network Rail’s job is to help support Britain’s economic growth by providing the railway that Britain needs, today and in the future. While no decisions have yet been made, if there are investors or others with expertise in key areas who can help us do that, then we should look to embrace those opportunities.”

News categories

15 Nov 2017
New Campaign Launched to Help Prevent Railway Suic ...
01 Nov 2017
Leaf Busting Trains to Keep Passengers Moving Thro ...
20 Oct 2017
Edinburgh to Glasgow Electrification Reaches Anoth ...
29 Aug 2017
Network Rail Apologises as Waterloo Station Upgrad ...
18 Aug 2017
Resonate and Network Rail to Step Up Platform Oper ...
18 Aug 2017
Edinburgh-Glasgow Line Electrification Goes Live f ...
10 Aug 2017
UK’s First Tram Train Pilot Progresses ...
07 Aug 2017
Major Improvement Works Get Under Way at London Wa ...
Subscribe to Railway-News
Get the latest contract alerts and Railway News emailed directly to your inbox.

We respect your privacy and take protecting it seriously.