Market Leads & Opportunities
Very light rail research hub gets multimillion-pound boost
Work to create a research and innovation centre in Dudley for very light rail is set to go ahead after a multimillion-pound funding bid was approved.Dudley Council has been awarded more than £18m by the Black Country Local Enterprise Partnership towards the cost of its project to develop a very light rail innovation hub and test track in the town centre, on the site of the old Dudley railway station.Once built, the hub will research ways to reduce the weight and cost of railcars, creating cheaper connections between suburban and rural areas and providing an alternative to heavy rail and traditional ‘Metro’ urban transport systems.This part of the project is expected to cost in the region of £25m and a funding bid for the remaining £7m has been submitted to the Government.This will be used towards the cost of the build as well as research and equipment costs.
More Market Leads
- Committee to decide on more than 100 homes in Somerset
26 Feb 25
Plans for more than 100 homes in Somerset will go before committee today (25 February). - Lead developer sought for city centre redevelopment
26 Feb 25
Hull City Council says it has taken a step forward on its redevelopment of the former BHS building in the city centre. - Funding for Argyll and Bute housing projects
26 Feb 25
The UK Government has committed to delivering a package of support from the CRP to Argyll and Bute Council totalling £20.34 million.
