INDUSTRY WELCOMES PROGRESS ON ACT’S FIRST AND LARGEST PUBLIC TRANSPORT PROJECT (FED)

The announcement of the successful Canberra Light Rail tender shows welcome progress on the ACT’s first and largest public transport PPP, says Infrastructure Partnerships Australia – the nation’s peak infrastructure body. “The Canberra Light Rail will fundamentally change the face of public transport in the ACT and this announcement is a welcome development, said Brendan Lyon,” IPA’s Chief Executive. “ACT commuters and taxpayers will see real benefits from the international experience of the winning consortium, in terms of innovation, quality and costs. The $698 million price tag has already shown how international experience and competitive tendering have been able to deliver value for money to the tax payer […] Now that the successful tender has been announced the infrastructure sector strongly urges the ACT Opposition to reconsider their plans to cancel the project.”