The cost of the new tram-train route from Cardiff city centre to
Cardiff Bay is expected to come in £20m above the initial forecast. The scheme will see tram-trains run from a new dedicated station at the southside of Cardiff Central Station travelling on-street through Callaghan Square. The route will then join the existing heavy railway line running alongside Lloyd George Avenue, which will be modified for tram-trains, before reaching a new platform at
Cardiff Bay station.
Work on the project began this summer, with the road network at Callaghan Square being reconfigured to allow tram-trains to run on-street. The scheme will also allow new tram-trains on the South Wales Metro to run from the Valleys to Cardiff Bay, avoiding the need to terminate at Queen Street Station.
However, amid inflationary pressures, and with rail projects in the UK not uncommonly exceeding their initial cost projections, the scheme is now expected to cost £120m, up from an initial forecast of around £100m. Cardiff council is now looking to both the UK and Welsh Governments to commit a further £20m in contingency funding. As things stand, the full £20m contingency is expected to be required. Without additional funding commitments, Cardiff Council will not be able to meet the extra cost itself.