[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: $600m from NSW to Speedrail



Why would Transfield give money to Leightons - aka Hotichef ? Transfield have
enough financial problems without helping the opposition out.

Chris

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