A private consortium has injected $5 billion into the Melbourne Airport Rail project, lifting total funds to a whopping $15 billion in a renewed effort to expedite construction and bring forward the project’s completion date. The private consortium, coined as AirRail Melbourne, agreed to match the two $5 billion commitments from Federal and State Governments.
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Deputy Prime Minister Michael McCormack has announced that the government is inviting firms to submit Expressions of Interest for a multi-million-dollar contract that will manage the design and construction of the Geelong and Warrnambool line upgrade projects.
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Vague timelines for the Murray Basin Rail Project are keeping businesses and grain traders in the dark, restricting them from being able to plan future work in anticipation of the project’s completion.
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