AusRAIL, Market Sectors

Gold Coast light rail goes a step closer

<p>Light rail could help satisfy the Gold Coast’s future transport requirements, according to a recently completed rail feasibility study.</p> <p>Queensland transport minister Steve Bredhauer said preliminary findings from the study had shown that light rail had the potential to better satisfy needs criteria than alternative transport modes.</p> <p>The next step in the study will include evaluating some of the short listed route options and assessing the rail’s financial, economic and environmental factors.</p> <p>It is thought a light rail route between Parkwoood and Broadbeach would cost between $300m and $400m and carry more than 50,000 passengers a day.</p> <br />