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

  • Gatso to unveil visionary new platform
    June 19, 2012
    In February, ITS International learned that Gatso had just begun secret trials in the US of a new camera system. From a photograph, the radical modern new design of the cabinet suggested that the interior components were likely to have been upgraded. When Timo Gatsonides, managing director of the company, agreed to an exclusive interview with news editor James Foster about what we had seen, that upgrade assumption proved to be an understatement. The Gatso T-series platform, which will be unveiled to the wo
    Read More
  • Doha implements traffic control system
    November 21, 2012
    Expansion of ITS systems has accelerated in Qatar this year, with rapid deployment of a traffic control system in Doha. Less than 10 years from now an extensive system of ITS technology will be operating in Qatar, informing and directing users of the country’s roads. That can be stated with confidence for a number of reasons: the world’s richest country per capita will host the World Cup in 2022 and is understood to be planning to develop sophisticated systems of ITS for road safety and traffic managemen
    Read More
  • Dignity should be key measure of MaaS success
    December 4, 2020
    Money isn’t everything: what if we made dignity into the key measure of success for MaaS? Crissy Ditmore sets out her vision statement for the industry’s developers
    Read More
  • Insight into China's smart cities initiatives
    April 25, 2013
    Schneider Electric, which has been playing an active role in smart transportation systems in China since 1990, provides an insight into smart city initiatives in the country. Today, most cities across the world are facing unprecedented growth, which questions the viability of the current development model. They are immersed in a competition with each other, both domestically and internationally, in terms of investments, jobs and talents. Cities need to become more attractive and intelligent by becoming more
    Read More

Highlighted Content