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Network <strong>Rail</strong> awards £1.5bn of<br />

signalling framework agreements<br />

■The next framework<br />

agreements for signalling work<br />

have been given to Invensys <strong>Rail</strong>,<br />

Signalling Solutions and Atkins.<br />

The contracts with Network<br />

<strong>Rail</strong>, worth around £1.5bn in total,<br />

will cover the majority of signalling<br />

renewals and enhancements in<br />

England, Scotland and Wales. They<br />

will start in April and l<strong>as</strong>t for up to<br />

seven years.<br />

Simon Kirby, Network <strong>Rail</strong>’s<br />

managing director of infr<strong>as</strong>tructure<br />

projects, said: ‘Network <strong>Rail</strong> is<br />

continuing to drive down the costs<br />

of Britain’s railway.’<br />

He added: ‘As the number of<br />

p<strong>as</strong>sengers and companies that rely<br />

on Britain’s railway continues to rise,<br />

the safety-critical systems we use to<br />

run a safe and efficient railway are<br />

more important than ever.’<br />

Rugby signalling centre<br />

More Asian bidders expected<br />

to take part in future<br />

franchise competitions<br />

Hong Kong’s M<strong>as</strong>s Transit <strong>Rail</strong>way Corporation (MTR) would<br />

bring its own engineers over from China to ensure minimal<br />

disruption during the rebuilding of London Bridge station in<br />

2018, if it w<strong>as</strong> successful in its bid to run Thameslink’s trains, its<br />

managers have said.<br />

The operator, which already h<strong>as</strong> a stake in London<br />

Overground operator Lorol, is making its first solo bid in the UK<br />

with its pitch for Thameslink.<br />

But more Asian companies are expected to bid for contracts<br />

in Britain’s transport infr<strong>as</strong>tructure over the next few years,<br />

according to Nick Emmerson, partner in international law firm<br />

Eversheds. Lack of money in the west is likely to lead to more<br />

far e<strong>as</strong>tern companies bidding for business in the UK, he<br />

predicts. Speaking from his London office, he explained: ‘Asian<br />

companies have identified UK transport and infr<strong>as</strong>tructure <strong>as</strong>sets<br />

<strong>as</strong> investment targets, <strong>as</strong> they offer long-term stable returns in a<br />

sector where they have recent and relevant know-how.<br />

‘Bringing that experience and expertise, and the financial<br />

resource to back it, can only strengthen the UK’s ability to<br />

modernise. Asian companies have excess c<strong>as</strong>h burning holes in<br />

their pockets.’<br />

MARCH 2012 PAGE 11

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