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Re: $600m from NSW to Speedrail
- Subject: Re: $600m from NSW to Speedrail
- From: chris <chris@enet21.com.au>
- Date: Sat, 22 Jul 2000 19:48:29 +1000
- Newsgroups: aus.rail
- Organization: Customer of Connect.com.au Pty. Ltd.
- References: <zZ5d5.22$MN2.4780@news0.optus.net.au>
- Xref: bclass.spectrum.com.au aus.rail:15098
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