Network Rail Consulting will export British expertise overseas and will operate as an offshore subsidiary.

David Higgins, chief executive of Network Rail, said: “Our vision is to be a world-class independent British-based infrastructure group that is internationally respected for providing rail services and solutions that deliver outstanding value, responsibly.

“Since the privatisation of the rail industry, Britain has not had a national rail champion operating in the international market.

“Network Rail has the depth and breadth of rail experience and knowledge to promote British expertise overseas and become a valuable international ambassador for our rail industry and for UK plc.

“By proving ourselves in the international market, Network Rail will be able to demonstrate that it is a modern, efficient and competitive company.”

Network Rail Consulting will form strategic alliances with CH2M HILL and Atkins to target markets like the USA and India with large, aging rail infrastructure in need of modernisation.

Nigel Ash, managing director of Network Rail Consulting, said: “Network Rail has internationally-valuable experience in developing innovative and pioneering approaches in asset management, and the successful delivery of large and complex capital projects, such as the Kings Cross redevelopment and the first stage of Thameslink.

“In addition, we look after one of the most heavily used railways in the world, on largely Victorian infrastructure. Despite these challenges, our railway carries more people on more trains than ever before, with improving levels of punctuality.

“We believe we have much to offer international clients and look forward to working alongside our partners to demonstrate the best of British engineering and ingenuity overseas.”

Mark Thurston, European transport business group director at CH2M HILL, said: “This collaboration brings together CH2M HILL’s expertise in programme management and delivery of some of the world’s most complex projects with Network Rail’s extensive knowledge of developing and managing railway infrastructure, which offers clients an unrivalled partnership to deliver innovative and practical solutions for the asset management and enhancement of the railways in North America.”

Douglas McCormick, managing director for Atkins’ UK rail division, said: “We have worked on countless projects with Network Rail to improve Britain’s railway and now we have an opportunity to take these experiences and the technical excellence of both organisations to offer an enhanced service to overseas markets.”