Review into economic value of Island's heritage railways

Benefits and costs to be assessed

A review is to be carried out into the economic value of the Island's heritage railways.

The steam railway, the Manx Electric Railway, the Snaefell Mountain Railway and Douglas horse trams will have their benefits and costs assessed by an independent body with a report due back to the Council of Ministers by June.

Government says the information will be used to present options on the future operations of the railways, using clear financial data and including viable alternative operating models if appropriate.

A similar assessment was carried out in 2018 by SYSTRA Ltd as part of the Savings, Added Value and Efficiencies (SAVE) programme.

You can find the terms of reference for the review here.