The Federal Government of Australia has announced to invest AUD 132.5 million (US$ 101.85 million) for stage 2A of Canberra’s light rail network. The construction works for the project are expected to be started by 2021-22.
The ACT Budget 2020-21 estimated the total cost for Stage 2A and works to raise London Circuit, including design, construction, purchase of additional light rail vehicles, an additional depot, and project management, to be in the range of AUD1.5 billion (USD1.15 billion) to AUD1.9 billion (USD 1.45 billion).