Network Rail will spend £2.2bn to improve the railway in East Anglia over the next five years.
The money is set to be spent across Cambridge, Norfolk, Suffolk, Essex and East London between 2019 and 2024.
Spending is set to be focused on both renewing and maintaining existing infrastructure, which Network Rail claims will reduce the amount of delays and improve reliability for passengers.
According to Network Rail, they are to spend £960M to maintain and operate the network. A further £250M will also be spent to renew or repair bridges, embankments, cuttings and structures, including refurbishing the roof at London Liverpool Street station.
There will also be £350M spent on improving signalling and level crossings, including major works in Clacton and Cambridge.
Work is set to involve replacing ageing infrastructure, installing smarter technology, and improving the resilience of the railway.
Network Rail’s route managing director for Anglia Meliha Duymaz said: “This investment will make a real difference to the rail network in the Anglia region.
“We have seen a huge growth in passengers over recent years and our track, signals, structures and equipment are under more pressure than ever.
“We have set out plans to use this funding to improve and renew our network to support growing demand and deliver a safe and high performing railway for our customers over the next five years.”
The budget has been set out in the Office of Road and Rail’s final determination, which lays out what Network Rail is set to spend.
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