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

  • Camera technology a flexible and cost-effective option
    June 7, 2012
    Perceptions of machine vision being an expensive solution are being challenged by developments in both core technologies and ancillaries. Here, Jason Barnes and David Crawford look at the latest developments in the sector. A notable aspect of machine vision is the flexibility it offers in terms of how and how much data is passed around a network. With smart cameras, processing capabilities at the front end mean that only that which is valid need be communicated back to a central processor of any descripti
    Read More
  • TSS-Transport Simulation Systems opens office in Sydney
    March 23, 2012
    TSS-Transport Simulation Systems, the developer of Aimsun and Aimsun Online traffic simulation software, is to open a new office in Sydney, Australia. Opening in early 2012, the office is located in Sydney's central Market Street and will be managed by TSS's consulting director, Dr Alexandre Torday, who has been the chief liaison for several Aimsun modelling efforts in the region.
    Read More
  • Machine vision develops closer traffic ties
    January 11, 2013
    Specifiers and buyers of camera technology in the transportation sector know what they need and are seeking innovative solutions. Over the following pages, Jason Barnes examines the latest developments with experts on machine vision technology. Transplanting the very high-performance camera technology used in machine vision from tightly controlled production management environments into those where highly variable conditions are common requires some careful thinking and not a little additional effort. Mach
    Read More
  • Q-Free tolling system for Sydney Harbour Bridge
    September 26, 2012
    Norwegian headquartered Q-Free, supplier of road user charging solutions and advanced transportation management systems, has been awarded a contract by Roads and Maritime Services (RMS) in Australia for the design, supply and installation of an electronic tolling system for the iconic Sydney Harbour Bridge. The contract, worth US$5.7 million with additional options worth approximately US$2.9 million, comprises the supply and delivery of a roadside system, based on the company’s unique single gantry tolling
    Read More

Highlighted Content