The UK’s leading transport company, Transport for London (TfL), will invest £50m in a new transport technology for London, as it looks to transform the city’s transport network.
The investment will bring the company’s new transporter into line with its global vision to provide rapid, safe and efficient journeys in the capital’s core areas, which includes London’s South Bank, Covent Garden, the city centre and surrounding areas.
The project is a major leap forward in the TfL’s ambitions to be able to connect people with services, and also address the issue of delays and overcrowding that have plagued the city since the Tube opened its doors.
Tfl, which has a total of 1,000 employees, has been at the forefront of transport technology in London for the last decade.
The firm has already invested around £1bn into new transport infrastructure in the city.
Tfl will work with the City of London, London’s public transport authority, to launch a trial of the technology, which will be rolled out over the next five years.
The trial will see around 40,000 people using the new technology daily, and will also be used to test the viability of using it in a wider network of high-frequency transporters.
Tafl will also test its technology at the London Olympics, which it hopes will result in the first-ever Tube for London opening in 2024.
Tifa Khan, who is in charge of Tfl’s London transport strategy, said: “We have a huge ambition to make London the most convenient place in the world for people to move around the capital.”
We are proud to have the most advanced technology in the industry, which is the most modern and efficient transport system in the UK, and we are investing in it to make it even better.
Tf london chief executive Ian Hopkins said: “[The new transporter] will enable us to move people in and out of the capital faster, easier and more safely.””
This will help us to deliver a safer, more efficient and faster network for people around the world.”
Tf london chief executive Ian Hopkins said: “[The new transporter] will enable us to move people in and out of the capital faster, easier and more safely.”
It will reduce the number of trains travelling in and around the city, which are causing a significant problem for Londoners.
“This will mean fewer accidents and far fewer people being stranded.
It will also allow us to extend the life of the tube, which should result in a better and safer service for people across the capital.”
Tfl, which also owns the Northern and Central Line, has launched an ambitious new route linking London to the rest of the UK.
The route, which runs along the city and will run for eight years, will be built in stages to enable passengers to move faster between the South Bank and Covent Gardens, but Tfl will not be involved in the construction of the lines itself.
Tfalcie van den Berg, chief executive of Tfl, said the company hoped the trial would prove successful, adding: “This is a significant milestone for our technology.
It is a big step forward in our journey towards bringing the Tube to London in 2024.”