Wednesday 11 June,
09:15, Thatcher Room, Portcullis House
The Transport Committee continues its Rail investment
pipelines inquiry by questioning UK-based manufacturers
of rolling stock, including Hitachi, Alstom and Siemens, as well
as rolling stock financiers.
In this inquiry, the cross-party Committee is investigating how
developing long-term, transparent and sequenced plans – or
pipelines – could bring certainty and security to the ecosystem
of companies that commission and deliver improvements to the UK's
railways.
The inquiry was launched last year in light of repeated calls
from industry for government support, and following concerns for
the future of Alstom's rolling stock factory in Derby, which
shone a light on the insecure ‘boom and bust' nature of the rail
supply industry.
In this session, witnesses from the train manufacturers are
likely to be asked how government policy could provide greater
certainty, boost confidence in the sector and encourage
investment and innovation, particularly in the context of plans
to establish Great British Railways and renationalise passenger
services.
There may be questions about different financing models to
achieve better value for money, as well as about ways to improve
recruitment and retention in the workforce.
Witnesses from 09:15
-
Sambit Banerjee, Joint Chief Executive
Officer, Siemens Mobility Limited
-
Peter Broadley, Commercial Director, Alstom UK
& Ireland
From 10:15
-
Malcolm Brown, Chief Executive, Angel Trains
Ltd
-
Christoph Pasternak, Chief Executive,
Eurofima