£600m to deliver South Wales Metro by 2020 [BBC News]
Date: 29/06/2015
About £600m is to be spent on a new metro for south east Wales within five years, BBC Wales understands. It is likely to be a mix of light rail, trams, improved trains and faster buses by 2020 in Cardiff and the valleys. It is in addition to planned rail electrification and will run as a 'not-for-dividend' part of the next all-Wales rail franchise from 2018. The economy minister will task rail and business experts to finalise plans before work starts in 2017. Edwina Hart envisages a partnership with private developers but operating for the minimum profit, with money being reinvested in the network, BBC Wales understands. The Welsh government has already committed £77m to a first phase, which includes a new station for Ebbw Vale.
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Up to £600m will be spent on a new metro system for south east Wales within the next five years to stop transport chaos, it is announced.
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