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).
Country updates
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March 16, 2021
Financial close for USD1.16 billion Hospital PPP project in Australia
The Plenary Health consortium has achieved financial close on the single largest health infrastructure investment in the State of Victoria, the AUD1.5 billion (USD1.16 billion) new Footscray ...
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March 12, 2021
Funding announced for hospital PPP in Western Australia
Rio Tinto has announced a contribution of AUD 20 million (US$ 15.4 million) to the Western Australian Government to help fund a new hospital at Tom Price in the state’s Pilbara region. The...
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February 25, 2021
Skip Capital launches AUD 100 million infrastructure fund
Skip Capital in Australia has launched a new infrastructure fund with a target size of AUD 100 million (US$ 77.52 million). The fund will invest in solar, wind, recycling infrastructure, and aged...
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February 08, 2021
RFEOI launched for South Geelong to Waurn Ponds track upgrade PPP
The government of Victoria in Australia has launched a call for Expressions of Interest (EOIs) for the South Geelong to Waurn Ponds Duplication Project. The Project is the next stage of inve...
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February 05, 2021
Western Harbour Tunnel PPP approved by NSW government
The Western Harbour Tunnel and Warringah Freeway Upgrade PPP has received planning approval from the NSW Government. The project includes a 6.5-kilometre tunnel connecting WestConnex at Rozelle and th...
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