Croydon economy boosted by £16m tram investment

July 12th, 2012

Croydon’s economy is set to benefit after capacity in the busiest part of its tram network was boosted by 50%.

An additional 850 passengers will be able to use the London Tramlink service every hour thanks to a £16.3m investment in new trams.

A new direct service will now be in place between Elmers end and Therapia Lane, while 12 services an hour will run from Croydon town centre to Therapia Lane during the busiest hours.

Croydon Chamber of Commerce committee chairman Fintan O’Toole hailed the improvements to the tram network and the benefits it has delivered to the borough since it was launched in 2000.

“It is terrific that we now have extra capacity on the Tramlink,” said O’Toole. “The tram is very popular and links the centre of town with many industrial and trading estates around Croydon. it is another great sign of confidence in Croydon and its future.

“It is absolutely a vital part of daily life and has improved transport links across the borough and links into neighbouring Wimbledon a great deal.”

Mayor of London Boris Johnson was at the unveiling of one of the new rolling stock at East Croydon Station on Monday morning.

Johnson said: “These superb new tram services are essential to Croydon’s long term prosperity, which in turn feeds into the capital’s economic success.

“Fast and efficient transport links not only make Croydon a more convenient place to live and work, but also attract businesses that will deliver much-needed jobs and economic growth putting Croydon firmly on track for the future.”

The mayor pledged to extend the Tramlink to Crystal Palace during his successful re-election bid and he confirmed that it remains a priority for him, although he made no commitment to when this would be achieved.

Some 29 million passengers use the Tramlink every year, an increase of 45% since it was launched 12 years ago.

The six new trams added to the service on Monday are longer and provide seating for 84 people, while a further 122 can stand.

Croydon council leader Mike Fisher said: “We have invested £3m into this project to help boost local infrastructure – and it’s further evidence of our commitment to the regeneration of our borough.

“This year promises to be the beginning of an exciting period of delivery that will transform the way our town looks and operates – and that will service Croydon well for generations to come.”

Croydon economy boosted by £16m tram investment

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