NSW government buys Metro Transport Sydney

The New South Wales (NSW) government in Australia has acquired Metro Transport Sydney (MTS), owner of the light rail and monorail, for US$20.6 million. The acquisition will make it easier for the state government to remove the monorail, which is reaching the end of its economic life. The monorail is also not integrated with the wider public transport network in Sydney. The state government will now have greater flexibility in planning future public transport especially the proposed extensions to the light r
March 26, 2012 Read time: 1 min

The New South Wales (NSW) government in Australia has acquired 4280 Metro Transport Sydney (MTS), owner of the light rail and monorail, for US$20.6 million. The acquisition will make it easier for the state government to remove the monorail, which is reaching the end of its economic life. The monorail is also not integrated with the wider public transport network in Sydney. The state government will now have greater flexibility in planning future public transport especially the proposed extensions to the light rail network.

For more information on companies in this article

Related Content

  • Road data role for Sydney buses
    July 22, 2022
    Asset AI scheme sees 32 public transport buses equipped with a camera and sensor
    Read More
  • Sydney’s Opal card rollout completed ahead of schedule
    April 22, 2014
    Cubic Transportation Systems and the New South Wales (NSW) state government have successfully completed the rollout of the new Opal smart card to all train stations in the greater Sydney, Australia, area, ahead of schedule. Opal became available to all train passengers in the region on 11 April in what state Minister for Transport Gladys Berejiklian described as an important milestone for public transport. The trains are the backbone of the public transport network in the greater Sydney area, carrying m
    Read More
  • NSW Government to unlock transport data for app developers
    October 26, 2015
    The New South Wales (NSW) government in Australia is to unlock its public transport data to app developers to create the next generation of real time transport apps for customers. Announcing the move, Minister for Transport and Infrastructure Andrew Constance said, “We’re inviting the app development community to shape a new Open Data Hub, informing how it will work and what kind of data is available to create the apps customers want. “The NSW Government is already a leader in the open data space with
    Read More
  • Moovit mines Sydney's Opal upgrade
    June 24, 2022
    Travel improvements in Australian city are part of wider investment by state government
    Read More

Highlighted Content