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

  • Moscow pins hopes on V2X
    March 18, 2020
    A new transport strategy is aimed at creating conditions for the introduction of new ITS developments within Moscow – and 5G and V2X are on the agenda
    Read More
  • Copenhagen: everything's gone green
    October 3, 2018
    As the ITS World Congress arrives in Copenhagen, Adam Hill finds out how Dynniq has been helping traffic flow – and CO2 reduction - in the Danish capital. Most of the time, ‘breathing easier’ is just an expression which indicates a metaphorical sigh of relief that something has worked out alright. But it can be literally true, too. Respiratory and other potential health problems which stem from pollution in the world’s increasingly urbanised environments have been well publicised and governments are
    Read More
  • Ex-USDoT bosses urge Congress to reauthorise Fast 
    March 25, 2020
    The Metropolitan Civic Leadership Alliance is calling on US Congress to reauthorise the Fixing America’s Surface Transportation (Fast) Act which is set to expire this autumn. 
    Read More
  • Ertico prepares for World Congress 2015
    December 15, 2014
    Hot on the heels of the 21st ITS World Congress in Detroit, Ertico - ITS Europe is already writing session proposals, contacting speakers and putting together the demonstration programme for the 2015 ITS World Congress. This will take place from 5-9 October in the French city of Bordeaux, one of the most advanced cities in Europe in terms of ITS adoption, and will have the theme of ‘Towards intelligent mobility – Better use of space’.
    Read More

Highlighted Content