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

  • Penang rolls out transport master plan
    February 18, 2015
    Six companies have been shortlisted as potential project delivery partners in the US$7.5 billion Penang Transport Master Plan (PTMP), which is to be rolled out in stages from 2017. The plan aims to resolve traffic woes in the state, especially on the island. It involves massive infrastructure works and a comprehensive public transport system incorporating light rail transit, trams, buses and catamarans, expanding roads and building new highways. It also includes five new intra-state highways and an undersea
    Read More
  • Smart ticketing needed in Wales, says report
    March 18, 2016
    A Welsh National Assembly committee study, which looked at bus and community transport across Wales, has found that falling subsidies, falling passenger numbers and reductions in services across Wales are having a severe impact, particularly in rural Wales. Enterprise and Business Committee chairman William Graham AM said that there are also a range of policy issues which undermine the Welsh bus industry. The need for a dedicated Wales-only Traffic Commissioner based in Wales and accountable to the Welsh
    Read More
  • Auckland public transit to go contactless in 2024
    June 27, 2023
    New Zealand's biggest city will introduce new payment options alongside its Hop card
    Read More
  • Glasgow’s new Operations Centre has a key role in city’s future
    June 6, 2014
    David Crawford investigates a control centre with a future. Destined to play a central role in keeping the city and its transport running smoothly during the 2014 Commonwealth Games in July, the new Glasgow Operations Centre in Scotland’s largest urban centre formally went live earlier this year. The aim was to dry run its far-reaching integration of previously distinct core systems and familiarise the public with the initial phase of what will be a long-term post-event legacy. The centre brings together, i
    Read More

Highlighted Content