Skip to main content

Nexus to invest in modernisation work in 2017

Nexus, operator of the Tyne and Wear Metro in the UK, is to invest US$44 million (£35 million) in Metro modernisation work in 2017, involving major projects to renew and replace Metro’s ageing infrastructure, including track and overhead lines. It forms part of the Metro all-change modernisation programme, the scheme to secure Metro’s long term future over eleven years. The modernisation programme is now into its sixth year. Nexus will be investing US$138 million (£110 million) through to 2021 on mode
February 1, 2017 Read time: 1 min
2105 Nexus, operator of the Tyne and Wear Metro in the UK, is to invest US$44 million (£35 million) in Metro modernisation work in 2017, involving major projects to renew and replace Metro’s ageing infrastructure, including track and overhead lines.

It forms part of the Metro all-change modernisation programme, the scheme to secure Metro’s long term future over eleven years. The modernisation programme is now into its sixth year.

Nexus will be investing US$138 million (£110 million) through to 2021 on modernisation projects, bringing total investment across the decade to over US$440 million (£350 million).

Nexus is in discussion with the Government over funding for its plans to invest in a new train fleet and for further funding to continue with the programme of essential renewals throughout the next decade.

Related Content

  • May 16, 2014
    Strong demand for TIGER grants
    Applications to the US Department of Transportation for its sixth round of Transportation Investment Generating Economic Recovery (TIGER) grants totalled US$9.5 billion, 15 times the US$600 million set aside for the program, demonstrating the continued need for transportation investment nationwide, according to an announcement by Transportation Secretary Anthony Foxx. The Department received 797 eligible applications, compared to 585 in 2013, from 49 states, US territories and the District of Columbia.
  • June 20, 2016
    Thales builds on Canadian connection for transit R&D
    The Canadian province of Ontario is continuing to benefit from its ongoing investment in transit R&D. David Crawford looks at the impact of new investment. Developing the next generation of urban rail signalling solutions worldwide, with the emphasis on transit security and efficiency, is the goal of a recently-created business partnership between the government of the Canadian province of Ontario and Thales Canada. The wholly-owned subsidiary of the France-HQ'd global defence, aerospace and transportation
  • February 2, 2012
    Carbon finance delivers critical support to mass transit schemes
    David Crawford investigates carbon finance in transport. World Bank carbon finance grants are delivering critical support to major mass transit deployments in emerging and developing economies. Only recently operative in the transport sector, the Clean Development Mechanism (CDM, see panel) is designed to generate additional income streams and improve internal rates of return on projects funded from public- and private-sector sources.
  • May 11, 2012
    Russia invests in ITS technology
    Russia’s transport systems are developing on a grand scale with ITS central to the plans, thanks in no small part to a recently relaunched ITS Russia. Jon Masters interviews the organisation’s chief executive officer Vladimir Kryuchkov Over coming years many of the biggest deployments of new technology for transport are likely to be seen in Russia. For a political and economic superpower, the world’s biggest country has only recently started to harness ITS for the good of its transport networks. But the sca