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

  • '190,000 trips' on day 1 of Sydney Metro extension
    August 20, 2024
    15.5km extension means 2,645 new metro services will travel through city each week
    Read More
  • Developments in smarter multi-modal fare paynment
    February 2, 2012
    This section pulls together all the multi-modal topics in each issue. Subject matter will include smartcards; ticketing and payment systems; passenger information systems; fleet management for buses, trains and light rail; park and ride systems; on-line access to real-time information via Internet portals
    Read More
  • Parkeon delivers self-service ticketing for Sydney
    August 2, 2016
    Self-service ticketing technology developed by UK company Parkeon has been installed across Sydney, Australia to make multimodal travel easier and more convenient for users of the Opal smart card scheme. The company has provided 255 ticket vending and smart card recharge machines for Transport for New South Wales train, light rail and ferry terminals to issue disposable single-trip cards and enable subscribers to reload their cards via cash or card. Parkeon developed self-service technology based on i
    Read More
  • AVs light up New South Wales V2I trial
    August 23, 2024
    Two self-driving vehicles are linking with Scats technology in Sydney collaboration
    Read More

Highlighted Content