Jobs boost with £7.5bn train order

Posted on Thursday, February 12th, 2009 and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Yahoo News 

More than 12,500 jobs are to be created or safeguarded through a multi-billion-pound order for new trains.Transport secretary Geoff Hoon said passengers on some of the country’s busiest rail routes would benefit from the single biggest investment in intercity trains for a generation.

A £7.5 billion contract has been awarded to a British-led consortium called Agility Trains, to build and maintain a fleet of new "super express" trains for the Great Western and East Coast main lines

The new trains will replace existing high speed trains which are 20-30 years old.

Agility, made up of John Laing, Hitachi and Barclays, said it would make a "significant" inward investment as part of this contract.

The winning consortium said it was planning to build a new factory for rolling stock assembly and manufacturing, eventually employing up to 500 workers. A shortlist of three sites has been drawn up at Ashby de la Zouch in Leicestershire, Sheffield, and Gateshead in the North East


Inter-City Train at London Paddington. Photo by Nick Garrod

It will also have depots in Bristol, Reading, Doncaster, Leeds and west London, with upgrades to existing depots throughout Great Britain.

Mr Hoon said: "This announcement demonstrates that this Government is prepared to invest, even in difficult economic times, by improving our national infrastructure. It is good news for the British economy that over 12,500 jobs will be created and safeguarded, good news for the regions that the Government is supporting significant inward investment, and good news for passengers that we are taking the steps necessary to improve their rail journeys."

Meanwhile, plans to create 10,000 new jobs on the site of the Longbridge car factory in Birmingham have been approved by the Government.

At least 1,450 homes will also be built on the former MG Rover site south of the city as part of a 15-year "vision" for the area’s future

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