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

  • New Zealand government wants fewer road deaths
    July 25, 2019
    The government of New Zealand is developing a plan aimed at reducing 750 deaths and 5,600 serious injuries expected on its roads over the next ten years. Anne Genter, associate transport minister, says: “Most roads deaths and serious injuries are preventable and too many New Zealanders have lost their lives or been seriously injured in crashes that could have been prevented by road safety upgrades.” Genter believes the new target can be achieved mainly by increasing investment in road safety infrastr
    Read More
  • Government publishes programme of upgrades to major roads and motorways
    June 30, 2017
    The UK government has unveiled a US$8 billion (£6.1 billion) programme of road improvements as part of its US$30 billion (£23 billion) upgrade to the road network in England.
    Read More
  • IBTTA, ARBTA, ATFI comment on latest Grow America Act
    April 2, 2015
    The International Bridge, Toll and Turnpike Association (IBTTA) has applauded the Grow America Act 2.0 just released by the US Administration and US DOT. It says that once again, the Administration has boldly called for lifting the ban on Interstate tolling for the purpose of reconstruction, giving states greater flexibility to meet their challenging infrastructure and surface transportation needs. The six-year, US$478 is said to be US$126 billion more than current investment levels and US$238 billion mo
    Read More
  • Financing the US road infrastructure – road user charging?
    February 2, 2012
    In the US, the National Transportation Infrastructure Financing Commission's report to Congress will state that a national, distance-based charging is the only long-term solution to the country's infrastructure financing problems. The Commission's Chair, Rob Atkinson, talks to ITS International
    Read More

Highlighted Content