Home | LATEST NEWS | CP6 investment of £4.3 billion for South East unveiled by Network Rail
CP6 investment of £4.3 billion for South East unveiled by Network Rail
CP6 investment of £4.3 billion for South East unveiled by Network Rail

CP6 investment of £4.3 billion for South East unveiled by Network Rail

Control Period 6 (CP6) will invest £4.3 billion into the South East over the next five years, upgrading facilities and the network.

Network Rail South East has published plans and with the latest five-year funding period now underway, the work can begin in earnest on railway projects in south London, Kent and Sussex.

Thanks to CP6, Britain’s railways will benefit from record investment in infrastructure in the five years until spring 2024 – a billion more than was spent in the previous five years.

For the South East, the five-year investment strategy has already seen money allocated for projects.

Investment will help with the replacement of 662km of rail, which is the equivalent of going around the M25 three-and-a-half times.

Elsewhere, a £66 million programme of work across the portfolio of track and metallic structures will be undertaken – ultimately, this will lead to the removal of speed restrictions that currently impact train performance. At a stroke, this will improve passenger and business experience on our railways.

Electrical work to improve safety on the network for train operating staff and Network Rail will be supported by £20 million of investment, and upgrades will be delivered to more than 150 stations; 55 bridges will be renewed, as will 18 level crossings.

John Halsall, managing director for Network Rail South East, said: “Passengers are at the heart of our plan for the next five years, because of the huge impact the railway has on them, their employers and the economy.

“This record funding gives us a fantastic opportunity to begin to put things right and move us closer to our vision of running the UK’s best metro-style railway in the next decade.

“Our ambition is to run a railway service which is sustainable, efficient, dependable, punctual, frequent and safe – one that passengers trust.”

If the words of Network Rail and the Office of Rail and Road (ORR) are anything to go by, the railways will be significantly upgraded in the next half decade.

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