Crossrail, the largest addition to the transport network in London and the South East for more than 50 years, has completed its Parliamentary process, with the Crossrail Bill receiving Royal Assent last night.
Following the Prime Minister's announcement last October that a £16bn funding package had been secured for the construction of Crossrail, Parliamentary approval of the Bill means that the project is on track to be operational for passengers in 2017. It will mean more capacity and faster journeys for passengers, as well as a £20bn boost to the wider UK economy.
The line will run from Maidenhead and Heathrow in the west through tunnels under central London - with new stations at Paddington, Bond Street, Tottenham Court Road, Farringdon, Liverpool Street, Whitechapel, Isle of Dogs (Canary Wharf) - then out to Shenfield and Abbey Wood in the east.
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The Crossrail Act grants powers to acquire land and for Crossrail to be built and maintained. Enabling works will take place next year, with main construction works set to begin in 2010.
Transport Secretary Ruth Kelly said: "This landmark project is of major significance to both London and the whole country. It will generate jobs and economic growth, help revitalise some of our most deprived areas and deliver major improvements for the travelling public.
"Crossrail has been talked about for decades, so I am delighted that, now we have secured both the funding package and parliamentary approval, work can finally begin to deliver this fantastic project."
Douglas Oakervee, Executive Chairman of Cross London Rail Links also commented: "Royal Assent is the most significant milestone in the history of Crossrail. After years of planning and discussion, we are ready to move into the delivery phase of a project that will benefit London, the South East region and the UK as a whole.
"Up to 14,000 people will be employed in the construction, and training schemes are planned to help equip Londoners along the route with the skills to secure these jobs. This will be a project for the whole community - a new world-class affordable railway that London expects and deserves."
(JM)
