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Re: Interest in fast train links unlikely says Opposition



On Thu, 12 Apr 2001 12:07:15 +1000, David Bromage
<dbromage@fang.omni.com.au> wrote:

>The Victorian Opposition says the Government has no hope of attracting
>private money for its proposed fast train links between Melbourne and
>Victoria's main regional centres.
>
>http://www.abc.net.au/news/state/vic/archive/metvic-12apr2001-14.htm

Id suggest that they are spot on , given FAs problems with the Vic
Govt,and no explanation at all from the Vic Govt of how private sector
investors in hi speed rail will ever get their money back.
Goverments seem to think that private sector investment simply means
that the private sector pays for Govt owned infrastructure .
Unless the Vic Govt is prepared to guarantee the returns from hi speed
rail,as they ahve had to do with toll road projects like Transurban
,then no one will invest.
Would you put your hard earned dollars into rail in Victoria?

MD