The federal government has confirmed that enhancements to the Inland Rail project will be funded through a $5.5 billion equity injection into the Australian Rail Track Corporation (ARTC). Read more
The Trans4m Rail joint venture has been announced as the successful contractor for the construction of Inland Rail between Narrabri and North Star.
The $693 million contract covers phase one of the Narrabri to North Star leg, which includes upgrading 171km of existing track. A contract for phase two, including 15km of track upgrade and 2.3km of new track, will be awarded separately.
Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the project would be built by local businesses.
“Inland Rail is going to change the freight task in Australia and in doing so will create opportunity in regional Australia with unprecedented investment and job creation,” he said.
“This nationally significant infrastructure is being built by the skills and expertise of Australian businesses – businesses that invest locally, drive regional employment and give back to communities along this 1,700km corridor of commerce.”
Trans4m rail is a joint venture between John Holland and SEE Civil. Lendlease and another joint venture RailFirst made up of Downer EDI and Seymour White had also been shortlisted for the contract.
Local member for Parkes Mark Coulton said the winning tenderer would invest locally.
“Trans4m Rail has made a commitment to employ local people, engage local businesses and suppliers and work with communities in North West NSW to ensure the benefits of Inland Rail are felt throughout the community.”
Finance Minister Simon Birmingham said that the project would enable more freight to be handled by rail.
“The upgrade of another 171km of track is another important piece in the puzzle to delivering better and quicker freight access to our primary producers in regional Australia, helping them get their product to markets in Australia and overseas with more ease.”
Coulton said that this region was already seeing greater investment.
“This project is about more than just steel tracks – we’re already seeing opportunities for industry to invest in the region through the Northern NSW Inland Port at Narrabri and the Moree Special Activation Precinct – leveraging the advantages of Inland Rail to provide long-term employment and scope for future growth.”