Australian Labor Party to spend 1.9 bln USD on Sydney rail

13:33, August 11, 2010      

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Australian Labor Party on Wednesday to announced its plan to spend 2.1 billion Australian dollars (1.9 billion U.S. dollars) on a 14-km rail link to ease congestion in Sydney's western suburbs.

This is the government's single biggest election campaign spending plan and makes good on a state Labor government promise from a decade ago shelved earlier this year.

Infrastructure and transport minister Anthony Albanese said it was important for suburb Parramatta to grow as Sydney's second central business district.

"So what we are doing in building the 14-km Parramatta to Epping rail link is ensuring that this missing link that we know is viable, we know it's necessary and we know it's a much needed project for Western Sydney, can go ahead," Albanese told ABC Radio on Wednesday.

"That will have the added bonus of people to the west of Parramatta getting increased capacity on the western line for the western express services that are anticipated as part of the state government's transport plan."

The plan will be formally announced by Prime Minister Julia Gillard and New South Wales premier Kristina Keneally in Western Sydney on Wednesday.

Through this plan, 500 million Australian dollars (453.7 million U.S. dollars) of state government money will be spent first with the federal government picking up 80 percent once the budget returns is back in surplus.

Source: Xinhua


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