The funding will help update older signalling systems with smart technology across the North Shore and Central Sydney regions. Credit: Kranich17 from Pixabay.

The New South Wales (NSW) Government in Australia has allocated a further $2bn to support the construction of the Sydney Metro City and Southwest project.

The funding will help build the project to provide passenger services from Chatswood to Sydenham in 2024 and later onto Bankstown within one year.

Related Company Profiles

View all

With the latest funding, the total project cost is expected to reach $18.5bn.

The government has also earmarked $660m for the modernisation of the rail network in Sydney.

As part of the Digital Systems programme, the funding will be used to update older signalling systems with smart technology across the North Shore and Central Sydney regions.

Besides, the NSW government granted $602.4m for stage two of the Parramatta Light Rail project.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Scope of work includes the building of the Wentworth Point Bridge that will link Wentworth Point with Melrose Park.

The government also allocated $77.5m to immediately commence work on a business case for stage two of the Sydney Metro – Western Sydney Airport project.

This extension will help link Western Sydney Aerotropolis to Glenfield through Leppington.

NSW transport and veterans minister David Elliott said: “The investment will also deliver more transport options and thousands of jobs for flourishing communities in Western Sydney, and upgrade critical transport infrastructure ensuring commuters benefit from a 13% reduction in network delays.”

Last year in March, the Transport for New South Wales (TfNSW) expanded the System Integrator contract for the Digital Systems Programme with the UK’s Network Rail Consulting’s (NRC) Australian subsidiary until 2024.