Australia: USD 1.5 billion for Melbourne Metro Rail project

Melbourne Metro Rail projectPremier of Victoria Daniel Andrews has announced USD 1.5 billion to cover all anticipated planning, design and significant early works ahead of major construction of the Melbourne Metro Rail Project in 2018.
“The USD 1.5 billion announced today allows us to design, plan and complete significant early works on Melbourne Metro Rail. Melbourne Metro Rail is the biggest public transport infrastructure project in Australia , and the biggest overhaul of our public transport system since the City Loop,” Daniel Andrews said.
The funding injection provided in the 2015-16 Victorian Budget will allow the Melbourne Metro Rail Authority to complete the reference design, undertake the statutory planning process and get this public transport mega-project started.
The Melbourne Metro Rail Project will will increase the capacity, reliability and efficiency of Melbourne’s busiest train lines, allowing 20,000 more passengers to use the train system in peak hour.


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