The former Fishguard and Goodwick station is on track to reopen next March.
Pembrokeshire County Council has cleared the site and demolished the former station buildings.
Council officers have also finalised designs for car parking at the rear of the old station together with nearby bus stops.
Meanwhile a specialist railway team from Atkins has completed track and platform surveys and developed designs for consideration by Network Rail.
Following discussions between Pembrokeshire County Council, the South West Wales Integrated Transport Consortium (SWWITCH), the Welsh Government, Network Rail and the train operator Arriva Trains Wales, funding has been secured with the aim of reopening the station by March 2012.
The planned reopening took a significant step forward this month with the sluing of the rail track.
The work, which involved re-aligning the track closer to the existing platform - as well as lowering the track height - was completed within a 24 hour period by Network Rail to ensure minimum disruption to rail passengers
Councillor Jamie Adams, SWWITCH Voting Member and Deputy Leader for Pembrokeshire County Council said improvements to rail services west of Swansea were not only a priority for Pembrokeshire but for the South West region as a whole.
"The re-opening of the station will be a positive step for the communities of Fishguard and Goodwick and help attract passengers onto the new enhanced rail services," he said.
Located in the centre of Goodwick, the former station closed its doors almost 50 years ago.
However, following an announcement by the Welsh Government that it was to fund an additional five train services a day to and from Fishguard Harbour from September, plans were prepared to reopen the old station.
With limited parking at Fishguard Harbour, the former station site provides a more convenient location for people wishing to use the new services when arriving by car, bus, bicycle or on foot.
Network Rail staff at work sluing the track at the former Fishguard and Goodwick station.