London Underground (LU) in the UK has confirmed that funding for the £284m extension of the Metropolitan Line has been completed.
The Department for Transport (DfT), Hertfordshire County Council and Transport for London (TfL) have now agreed on the full funding of the project that will extend the Metropolitan Line to Watford Junction.
Earlier this month, mayor Boris Johnson formally decided that TfL will provide £49.23m for the project. The DfT is providing £109.92m, and the council £125.35m.
Construction under this project is scheduled to start next year, with the aim of completing the new link in 2020.
The project will see construction of two new stations at Cassiobridge and Watford Vicarage Road, as well as a viaduct, creating more than 6,500 permanent jobs and giving a £2bn boost to the local economy.
The stations will be served by new, walkthrough, air-conditioned trains every 10min to and from Central London during peak hours.
LU managing director Nick Brown said: "For 100 years, the Tube has been enabling growth in ‘Metro-land’ and this new part of the Underground network will support further rapid development in the area.
"By 2020, we will have built a 400m viaduct, two completely new stations and numerous new and reconstructed bridges along the route, transforming transport links in Watford.
"With the funding package complete, we’re now turning all our attention to appointing contractors, finalising designs and beginning construction in 2016."
The extended line will be connected to the West Coast Mainline via the Watford Junction station, and the two new stations will also provide new connections to Watford General Hospital and new Health Campus, Croxley Business Park and Cardiff Road Industrial Estate.
Hertfordshire County Council is managing the Metropolitan Line Extension, which has been known as the Croxley Rail Link.
Image: London Underground S stock train run as a Metropolitan line train. Photo: courtesy of Hahifuheho via Wikipedia.