The Governments of Australia and Queensland signed a ground-breaking bilateral agreement to deliver the Inland Rail corridor.
The agreement is backed by the federal authorities’ AUD 9.3 billion (USD 6.3 billion) commitment to implement the project.
“The bilateral agreement is backed by the Federal Government’s AUD 9.3 billion commitment to deliver Inland Rail and is part of the broader AUD 25 billion commitment we’ve made to road and rail projects across Queensland since coming to Government in 2013,” Australia’s Deputy Prime Minister, Michael McCormack, said.
Inland Rail will bring 7,200 jobs to Queensland and a AUD 7 billion (USD 4.7 billion) boost to the state’s economy. “The delivery of Inland Rail in Queensland is a huge win for the state, providing jobs and opportunities to communities. This deal will see us work with the Federal Government on business cases for passenger rail services from Salisbury to Beaudesert, Brisbane to Toowoomba and a dedicated rail freight line to the Port of Brisbane,” Queensland Transport Minister, Mark Bailey, said.
In Queensland, Inland Rail is implemented under five projects which envisage the construction of five double-track rail sections totaling 275 km and the upgrade of 125 km of existing tracks.
Comprising 13 individual projects and spanning more than 1,700 km, Inland Rail corridor will provide rail freight transport services between Melbourne and Brisbane via regional Victoria, New South Wales and Queensland.