RAILTRACK TO INVEST US$44 BILLION

As the United Kingdom government gets tough with the privatized railroad industry, infrastructure owner Railtrack has announced a big increase in its investment plans for the decade ahead. Anticipating 30% growth in traffic over the period, Railtrack flagged a 27-billion British pound (US$44 billion) capital program, nearly 60% more than it envisaged a year before. The plan will shape the Rail Regulator's first review of access charges to train operators, determining Railtrack's revenue for 5 years from April 2001.

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  • Corporate Authors:

    Public Works Financing

    147 Elmer Street
    Westfield, NJ  United States  07090-2433
  • Publication Date: 1999-4

Language

  • English

Media Info

  • Pagination: p. 18-20
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00764963
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jun 11 1999 12:00AM