The Ministry of Transport in the UK has announced GBP 794 million (US$ 1.08 billion) investment package to reopen 2 important rail routes closed more than 50 years ago. The new funding includes GBP 760 million (US$ 1.03 billion) for the delivery of the next phase of East-West Rail and reinstates direct rail services between Bicester and Bletchley for the first time since 1968. The works between Bicester and Bletchley will include the construction of a new station at Winslow, as well as enhancements to existing stations along the route, including Bletchley. By 2025, 2 trains per hour will run between Oxford and Milton Keynes via Bletchley.
The package also includes GBP 34 million (US$ 46.52 million) to rapidly progress plans to reopen the Northumberland line between Newcastle-upon-Tyne and Ashington, which closed to passengers in 1964 as part of the Beeching cuts.
The University of Oxford and Legal & General have achieved planning permission for The University of Oxford’s Life and Mind building project. Designed by NBBJ, the building will house t...
Read moreForesight Group, a leading infrastructure, and private equity investment manager has reached an interim close for Foresight Energy Infrastructure Partners (FEIP) having secured Fund commitments of aro...
Read moreThe University of Oxford and Legal & General have achieved planning permission for The University of Oxford’s largest ever building project, the Life and Mind Building, representing a major...
Read moreThe clinical waste disposal plant located at Malvern, Worcestershire in the UK has commenced the operations. The plant has the capacity to dispose of 8000 tonnes of medical waste per year. The pl...
Read moreArcus Infrastructure Partners (Arcus) has announced that Constellation Cold Logistics S.à.r.l. (Constellation), a portfolio company of Arcus European Infrastructure Fund 2 (AEIF2), has complete...
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