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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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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Australia’s biggest interstate rail project has been green-lighted to begin construction on the 1,700km Melbourne to Brisbane Inland Rail project.
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