Over­seas in­vestors in UK pas­sen­ger rail op­er­a­tors

Rail (UK) - - Network News -

For­eign gov­ern­ment-owned com­pa­nies will now be in­volved in run­ning al­most three-quar­ters of the UK’s pas­sen­ger rail routes.

MTR has a 30% stake in the new op­er­a­tor of South West Trains. The Hong Kong Gov­ern­ment owns 75% of MTR.

The c2c fran­chise was re­cently awarded to the Ital­ian state op­er­a­tor, Tren­i­talia.

Ar­riva, a sub­sidiary of Ger­man state-owned Deutsche Bahn, is in­volved in Chiltern, CrossCoun­try, Grand Cen­tral, Lon­don Over­ground, North­ern, Tyne & Wear Metro and Wales & Bor­ders.

French state-con­trolled Ke­o­lis has a stake in Dock­lands Light Rail­way, Gatwick Ex­press, South­ern, Thames­link, South­east­ern and Lon­don Mid­land.

Abel­lio, the in­ter­na­tional arm of the Dutch na­tional rail op­er­a­tor, is in­volved in ScotRail, Greater Anglia and Merseyrail.

Eurostar is part-owned by the French and Bel­gian state rail op­er­a­tors.

Heathrow Ex­press and Heathrow Con­nect are run by Heathrow Air­port Hold­ings, a con­sor­tium sub­stan­tially owned by the sovereign wealth funds of Sin­ga­pore, China and Qatar.

RMT Gen­eral Sec­re­tary Mick Cash said: “It is lu­di­crous that the Tories are con­tin­u­ing with the ‘any state but the Bri­tish state’ pol­icy which has plun­dered our rail­ways.”

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