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The collapse of Carillion has thrown the much-delayed reorganisation of train services in Wales into further confusion.
However, a bid by a Carillion consortium to run the Welsh railways could be saved by the acquisition of the company’s rail interests by Aecom, an American civil engineering group.
Carillion, in league with Abellio, the British division of the Dutch state railways, had been a front-runner to land the £5 billion, 15-year Transport for Wales (TfW) contract.
The new franchise puts the Welsh government in charge of its own railways for the first time and includes ambitious plans for the electrification of the Valley lines.
This article first appeared on www.thetimes.co.uk
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