Business News for 1st February 2012 :: GREAT NEWS FOR WATFORD
After many years of discussions the Department of Transport has recently announced that the £120 million Croxley Rail Link project has been approved. It is anticipated that building work will commence in 2014 and when the scheme is completed two years later the Metropolitan Line will run from Croxley Green through two new stations at Ascot Road and the Health Campus before terminating at Watford Junction. It is proposed that trains to London will run every ten minutes during peak periods and every fifteen minutes during the rest of the day. The scheme will also help to underpin Watford as a key transport hub for the Capital.
The Croxley Rail link will support economic development in Watford and surrounding areas by providing excellent links to business and retail centres. We already hear that there is the possibility of a new school, shops and office accommodation in West Watford and the scheme will certainly help to regenerate this part of Watford.
The new rail link will bring more jobs to the town and will help us to attract even more businesses to relocate to Watford. It will also mean that shoppers and commuters from areas such as Moor Park, Northwood and Harrow will be able to travel to Watford without the need to drive into the town thereby reducing the demand on our roads and car parks.
Mayor Dorothy Thornhill and Richard Harrington MP for Watford have worked tirelessly to make the Croxley Rail Link a reality and they should both be congratulated for their efforts. If you run a business and have been thinking of relocating to Watford there has never been a better time than now so how about giving our Inward Investment Manager Sanjay Purohit a call at the Chamber on 01923 442442- all his help, guidance and advice comes free of charge.