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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The Victorian government has awarded new contracts worth $910 million to remove level crossings throughout Melbourne. A Lendlease, WSP, Acciona Coleman Rail and Metro Trains Melbourne alliance has won a $744 million contract to remove five crossings on the Frankston line. A $166m contract will see a level crossing on the Pakenham line removed by Fulton Hogans and Metro Trains Melbourne.The contracts are part of a programme to remove 75 congested and dangerous level crossings by 2025. Minister for Transport Infrastructure Jacinta Allan said the state is “well on track”, with 30 of the unsafe crossings already removed and contracts for a further 50 now awarded. “We said we’d remove 75 level crossings by 2025 and with contracts now awarded for 50".The government is investing $3bn to improve the Frankston line, with major works starting in Cheltenham and Mentone. The new Carrum Station is set to open in mid-February.
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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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