PRIVATISATION BOOSTS RAIL INVESTMENT IN MELBOURNE

The recent privatization of Melbourne's streetcar and rail networks, introduction of automated ticketing, and route development are having a dramatic impact on the rail network in the Australian state of Victoria. Melbourne, with a population of 3.4 million people, has a 300 km electrified suburban rail network plus 245 km of streetcar lines. Under the rail privatization program completed last year, both the streetcar and suburban rail networks were divided in half, while V/Line Passenger, which operates diesel regional and long distance trains, was separated from V/Line Freight. The objective is to achieve substantial improvements to rolling stock, service levels, and performance. The franchizing program will save an estimated $A 1.8 billion in reduced subsidies over the life of the franchises.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/07445326
• Corporate Authors:

  Simmons-Boardman Publishing Corporation

  345 Hudson Street
  New York, NY  United States  10014
• Authors:
  • HAMMOND, I
• Publication Date: 2000-10

Language

• English

Media Info

• Pagination: p. 33-35
• Serial:
  • INTERNATIONAL RAILWAY JOURNAL AND RAPID TRANSIT REVIEW
  • Volume: 40
  • Issue Number: 10
  • Publisher: Simmons-Boardman Publishing Corporation
  • ISSN: 0744-5326

Subject/Index Terms

• TRT Terms: Automatic fare collection; Investments; Privatization; Rail transit; Routing; Streetcars; Ticketing
• Geographic Terms: Australia; Melbourne (Australia); Victoria
• Subject Areas: Finance; Public Transportation; Railroads;

Filing Info

• Accession Number: 00801873
• Record Type: Publication
• Files: TRIS, ATRI
• Created Date: Nov 8 2000 12:00AM