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.

For more information on companies in this article

Related Content

  • Government invests in northern digital railway plans to improve trans-Pennine
    September 25, 2017
    The UK government is developing plans for Britain’s first digital intercity railway in the north, as it invests US$17.5 billion (£13 billion) in improving journeys across the region. The UK government is developing plans for Britain’s first digital intercity railway in the north, as it invests US$17.5 billion (£13 billion) in improving journeys across the region.
    Read More
  • Balfour Beatty JV awarded Southern Gateway contract by Texas DOT
    May 5, 2017
    Pegasus Link Constructors, a joint venture comprising infrastructure group Balfour Beatty and Fluor Corporation, has been awarded a US$625 million (£484 million) contract to reconstruct and improve the Southern Gateway, an 11 mile stretch of road in Dallas, Texas. The Texas Department of Transportation awarded the contract as part of the Clear Lanes initiative, a programme that prioritises funding for congestion relief projects in Texas’ metropolitan areas. The improvement scheme will improve road-user saf
    Read More
  • Tolling is still stuck on the sidelines says ASECAP speaker
    August 19, 2015
    Geoff Hadwick attended ASECAP’s 2015 Study Days meeting in Lisbon and found a frustrated European tolling sector undertaking some soul searching. The international road tolling industry its failing to make it case and the sector is losing out to a range of other socio-political lobby groups according to International Bridge, Tunnel and Turnpike Association (IBTTA) chief executive Pat Jones. Speaking at the recent 2015 ASECAP Study Days conference in Lisbon, Jones issued a stark warning: “Tolling is still o
    Read More
  • Ability to keep in touch on US buses woos travellers
    February 1, 2012
    David Crawford finds evidence of a new trend in American intercity travel: that better access to data sources on the move is tempting passengers away from air travel and onto surface modes. In the US the ease of use of Portable Electronic Devices (PEDs) is successfully wooing long-distance travellers away from airlines and onto surface public transport, according to just-published research. Using data from field observations of 7,028 passengers travelling by bus, air and train in 14 US states and the Distri
    Read More

Highlighted Content