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Re: [WA] Rail sale brings $585m



James C. <james_ccj@my-deja.com> wrote in message
8tl8ff$llb$1@nnrp1.deja.com">news:8tl8ff$llb$1@nnrp1.deja.com...
> In article <kGoL5.41$F65.4859@news0.optus.net.au>,
> dbromage@fang.omni.com.au (David Bromage) wrote:

>> The WA Government ticked off another privatisation yesterday
>> with the sale of Westrail's freight business for $585 million.
>> The Australian Railroad Group, a joint venture between
>> Wesfarmers and Genesee & Wyoming Inc, had made a commitment to
>> spend up to $400 million over the next five years on track
>> upgrades and new rolling stock.

>> http://www.thewest.com.au/20001031/news/state/tw-news-state-
>> home-sto9632.html

> Hmm... I kinda wish Freight Australia (Aka Rail America) got
> the bid.  ASR/G & W aren't all that avocate towards railway
> industry, evidence their attitude on Mt Gambier line. FA
> consortum also teamed with ARTC which would have control the WA
> portion of the interstate line.

So the question remains, what is the next step in the Adelaide
Rail Track Corporation's desire to take over the world?

And is the Interstate Track in WA subject to 3rd party open
access?

--
B.

Email - gunzel412 at dingoblue dot net dot au
ICQ#  - 82329734
Phone - long, long, short, long.