East West Rail will open up the huge potential of the Cambridge – Milton Keynes – Oxford ‘corridor’.
East West Rail will support more than 100,000 new jobs in the region.
It will boost the economy by more than £135m per year, with the Treasury benefitting from £62m in additional taxes.
The region is one of the fastest growing in the UK, with tens of thousands of new homes due to be constructed over the next decade. East West Rail will be a key piece of infrastructure to support that growth and enable the region to flourish.
National Infrastructure Commission report
A report by the National Infrastructure Commission released in 2016 called on East West Rail to be built as soon as possible in order to secure the area’s future success.
National Infrastructure Commission Deputy Chair, Sir John Armitt, said:
“The corridor connecting Cambridge, Milton Keynes and Oxford could be Britain’s Silicon Valley – a globally recognised centre for science, technology and innovation.
“This is a once in a generation opportunity – we must grab it with both hands.”
What the business community says:
Nigel Tipple, Chief Executive, Oxfordshire Local Enterprise Partnership: “Ensuring that Oxfordshire benefits from an infrastructure that is fit for purpose, not holding back economic growth – whilst also being sensitive to the environment – is a key priority of OxLEP. The Oxford, Milton Keynes and Cambridge corridor has been cited by the National Infrastructure Commission as a potential ‘Silicon Valley’ for the UK, with the opportunity to become a world-renowned centre for science, technology and innovation – therefore, providing a modern rail infrastructure between the three locations will support this ambition right across the region.”
Dr Philip H Smith MBE, Chairman, Milton Keynes Business Leaders Partnership: “MK Business Leaders Partnership have kept abreast of the evolution of the East West Rail Link and have attended a number of seminars on the subject. We are fully supportive of this necessary rail link to improve both the prosperity of businesses and the community along its route in connecting the vital cities of Oxford, Milton Keynes and Cambridge. We are also mindful of the development of the Oxford/Cambridge corridor which together with the rail link will revolutionise business opportunity. We continue to fully support both initiatives.”