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

  • Meeting the challenges of smartcard fare payment
    July 4, 2012
    David Crawford monitors a growing trend in contactless smartcard ticketing The north east United States has become a hive of activity in the smart fare payment arena. In October 2011, the New York Metropolitan Transportation Authority (MTA) published, as a preliminary to an imminent procurement process, the detailed concept of its New Fare Payment System (NFPS). Based on open payment industry standards, this is designed to be implemented on all MTA bus and subway services operated by New York City Transit (
    Read More
  • Kenya to introduce microchip-fitted number plates
    November 17, 2014
    Shem Oirere looks at Kenya’s plans to introduce a new generation of vehicle registration plates fitted with microchip technology by the end of this year. In a move to improve driving standards and prevent fraud, the authorities in Kenya are planning the introduction of a new numberplate system which will incorporate microchip technology.
    Read More
  • IAM calls on government to increase targeted enforcement
    June 4, 2015
    The Institute of Advanced Motorists (IAM) is urging the new government to increase its efforts in promoting road safety by giving targeted enforcement a higher priority. With the yet-to-be-revealed figures for 2014 shaping up to show an increase in deaths and injuries on UK roads, the IAM believes the new government must make road traffic policing a core priority function for police forces and commissioners in England and Wales. The call comes following a survey conducted by the IAM throughout April 2
    Read More
  • New York to start congestion charging 'from January 2025'
    November 15, 2024
    Final approval for delayed scheme still required as $15 toll lowered to $9
    Read More

Highlighted Content