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Re: Burke sticks to deadline despite funding shortfall
- Subject: Re: Burke sticks to deadline despite funding shortfall
- From: mauried@tpg.com.au (Maurie Daly)
- Date: Fri, 02 Feb 2001 01:20:39 GMT
- Newsgroups: aus.rail
- Organization: Customer of Telstra Big Pond Direct
- References: <d75e6.43$zt5.2672@news0.optus.net.au>
- Xref: bclass.spectrum.com.au aus.rail:30265
On Thu, 01 Feb 2001 03:55:53 GMT, dbromage@fang.omni.com.au (David
Bromage) wrote:
>The Northern Territory's Chief Minister has not revised his two-week
>deadline to sort out an estimated $70 million shortfall in private sector
>funding for the proposed Darwin to Alice Springs railway. Denis Burke says
>he is encouraged by the progress of talks with a possible new investor.
>
>http://www.abc.net.au/news/state/nt/archive/metnt-1feb2001-6.htm
The obvious question that has to be asked here is just what is the
Northern Territory Minister doing arranging finance for this project.
Isnt it the responsibility of the Consortium to arrange the finance.?
If the NT Govt is arranging finance, then is the NT Govt also
guaranteeing the finance, ie will the NT taxpayers have to foot the
bill for this railway if it fails ??
MD