Transport for London (TfL) has published its new business plan, setting out future investment in London’s rail system.
Future plans include doubling the Docklands Light Railway (DLR) tracks between Stratford and Bow Church, increasing capacity on the Overground and continued investment in the Underground network.
TfL also plans to buy four new trams for Tramlink and increase the light rail system’s capacity between Croydon and Wimbledon.
Funding for the plans is secure until the end of the 2014/15 financial year.
A programme is also being developed for the next generation of deep Tube line upgrades that will focus on the Piccadilly, Central, Bakerloo and Waterloo & City lines.
The Mayor of London, Boris Johnson, said: “As sure as night follows day investment in transport drives economic activity and investment in the capital benefits the entire country.
“In this business plan we are setting out a comprehensive programme of improvements with the aims of providing both hugely better services for Londoners and also to drive the economic motor of this great city and encourage new development.
“Our funding settlement with Government expires at the end of 2014/15 and we are already making a strong case for new funding we will use to deliver a transport system that will keep London and the UK working and growing in an incredibly competitive global market place.”
