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

  • EIB to fund new tram lines in Nottingham with $157 million loan
    March 27, 2012
    The European Investment Bank, the European Union’s long-term lending institution, has agreed to provide US$157 over 19 years to enable Nottingham City Council to expand the city’s light rail system with two new tram lines to the south and south west. The new lines will have services every seven minutes between 7am and 7pm and include 28 stops along 17.5kms of track. The project also includes 22 new low-floor trams for the line to link park and ride sites next to the M1 at Clifton and Toton Lane with the cit
    Read More
  • Increasing and improving disabled access to public transport
    January 25, 2012
    An overview of European efforts to increase disabled access to public transport, by David Crawford
    Read More
  • LiDAR sets its sights on future problems
    February 23, 2017
    AAdvances in LiDAR are helping transport authorities improve services and identify potential problem areas, as geospatial technology expert Dr Neil Slatcher explains. The effects of climate change on the transport infrastructure have long been a cause of concern within the transportation sector - and not only on the structures themselves but also on the surrounding areas. This year, those concerns have become reality with landslides, structural collapses and surfacing issues impacting services across the wo
    Read More
  • Copenhagen light rail JV appointed
    February 13, 2015
    Copenhagen metro operator Metroselkabet has appointed Arup as part of a joint venture with Rambøll to develop the light rail on ring 3 for greater Copenhagen. The new light rail system includes a double track alignment of 27 kilometres and 27 stations with a rolling stock fleet of 27 light rail vehicles. This major project was planned to promote the use of public transport as well as encourage the urban development along the route and the passage across the city to avoid interchanging in the centre.
    Read More

Highlighted Content