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 11, 2020
    European Bank backs Tblisi metro modernisation
    A loan of €75 million will improve commuters’ journeys in Georgia’s capital
    Read More
  • March 31, 2015
    Secretary Foxx sends six-year transportation bill to Congress
    Over the past year, US Transportation Secretary Anthony Foxx has visited more than 100 communities and heard one common story about crumbling infrastructure and dwindling resources to fix it with. Foxx has now sent to Congress his solution to this problem: a long-term transportation bill that provides funding growth and certainty so that state and local governments can get back in the business of building things again. The Grow America Act reflects President Obama’s vision for a six-year, US$478 billion
    Read More
  • February 3, 2015
    US FY 2016 budget invests heavily in ITS, infrastructure
    Announcing President Obama’s US$94.7 billion Fiscal Year 2016 budget for the US Department of Transportation, Transportation Secretary Anthony Foxx said, “Our budget proposal lays the foundation for a future where our transportation infrastructure meets the demands of a growing population and an economy that depends on the free flow of freight,” said Secretary Foxx. “This Administration is looking towards the horizon – the future – but to do this we need Congress’ partnership to pass a long-term reauthorisa
    Read More
  • November 26, 2015
    UK Spending Review ‘increases capital investment in transport by 50%’
    UK Chancellor George Osborne announced major investments in transport in the government’s Spending Review and Autumn Statement, despite a 37 per cent cut in the Department for Transport’s (DfT) operational budget. This was offset with a planned 50% per cent increase in capital expenditure for the DfT - rising to a total of US$92 billion. In addition to protecting overall police spending in line with inflation, an increase of US$1.3 billion by 2019-20, the review includes US$70 billion capital investment
    Read More

Highlighted Content