Investors are being invited to to propose schemes that could enhance and expand the rail network.
Proposals will be for the new southern rail link to Heathrow and investors are also being invited to propose schemes around the country that could enhance and expand the rail network.
Promoters and investors now have two months to start working up proposals which are financially credible without government support.
Guidance for market-led proposals has been published to provide clarity on what government is looking for from these ideas and the process by which it will consider them. This can be found at www.gov.uk/government/publications/rail-market-led-proposals.