Mark Langman, Network Rail route managing director for Wales, said there was 'potential for quicker and more frequent journeys on a network that is more resilient and reliable' in future.
He was speaking as the organisation set out plans for investing £1billion in the rail system.
This is an exciting time for the railway. We are now carrying a record number of people on record numbers of trains at record levels of reliability. This is an ambitious plan that will help move the railway in Wales to the next level.
More top news
Swansea are out of the FA Cup after losing to Tottenham
Runners looking to compete in the Newport half marathon have been disappointed again after it was cancelled due to weather warnings.
Very cold and windy. Some sunny breaks but plenty of snow showers feeding in the from the east.