Re: $600m from NSW to Speedrail

[ahonan@zipworld.com.au]

Why would transfield be interested???
 The only interest that Transfield would have is increasing the market
through the Airport railway line. Any suburban feed would not be
enhanced by Speedrail ( anyone in the surburban system wanting to
travel by rail to the airport would already be catered for.)

The only market would be country or Canberra feed into/out of the
Airport. I suppose the $600 million would be some contribution that
could be made for the expected increase in revenue.

Andrew

On Tue, 18 Jul 2000 23:44:31 GMT, dbromage@fang.omni.com.au (David
Bromage) wrote:

>Bob Carr announced yesterday that Transfield and RAC would contribute up
>to $600 million in kind towards the Speedrail project. Interestingly, $600
>million is the amount Speedrail had planned to spend upgrading Central to
>Glenlee Jcn, including quadrupling Wolli Creek Jcn to East Hills and a
>third track from East Hills to Glenlee.
>
>My guess is that RAC would provide the infrastructure without financial
>input from Leightons. Speedrail would then pay off the cost of the
>infrastructure over the next 30 years through premium access fees.
>
>Cheers
>David