New stations in £445m 10-year Wales rail plan
New rail projects for Wales worth £445m were announced by the Labour Chancellor, Rachel Reeves, in her spending review on Wednesday.
The Treasury backed plans for five new stations in Cardiff, Newport and Monmouthshire, as well as upgrades in north Wales, with £348m to be spent between 2026 and 2030.
The rest of the cash will be spent over ten years. The announcement follows years of complaints from Welsh Labour of underinvestment in the Welsh railway network.
According to the Treasury, the £445m will be spent on fixing level crossings, building new stations and upgrading existing lines, and is a combination of direct funding for schemes and cash for the Welsh government.
They include new stations at Cardiff East, near the city's Newport Road, and in the west of Newport. There are hopes for a station in the eastern Newport suburbs of Somerton and Llanwern, and one that will serve the Monmouthshire villages of Magor and Undy, along with improvements to the mainline to allow local services to run.
The work is estimated to cost £385m over at least five years.
BBC Wales was told that the figure also includes £48m for the Welsh government's enhancements to the Core Valley Lines network.
Around £90m is thought to be earmarked for work on a series of future projects over ten years.