Network Rail has spent £20 million setting up a plush training academy in Coventry for the rail industry's future leaders.
The purpose-built "residential leadership centre" will welcome more than 4,000 managers and supervisors through its doors over the next two years.
The investment in the Westwood Centre, near the University of Warwick, covers its purchase from telecommunications group Cable and Wireless, the installation of new facilities, development of the curriculum and the running of the centre.
Iain Coucher, Network Rail's deputy chief executive said: " Leadership skills are critical to the success of our company's mission to rebuild Britain's railways.
"The investment in Westwood is a vital part of our long term plans to develop a team of professionals: strong managers who will lead our company into the next decade."
The centre will deliver a programme of professional skills development, including accredited leadership and management courses in conjunction with two of the university's departments - the Warwick Business School and Warwick Manufacturing Group. The first Network Rail managers are expected to enrol for study later this year.
The complex has about 150 study-bedrooms and 40 meeting and conferences rooms as well as a host of leisure facilities.
University of Warwick vicechancellor, Professor David Vande-Linde, said: "We bring to this partnership some of Europe's most highly rated and valued management and engineering experts and trainers who will help equip Network Rail staff with the skills they need to manage and develop such a crucial part of the UK ' s transport infrastructure."
Under the recently passed Railways Act, Network Rail will take over responsibility for day-to-day running of the railways. The not-for-profit rail infrastructure body will assume Strategic Rail Authority powers over train operator's performance. The strategic role of the SRA, which is being wound up, passes to the Department for Transport.