$12 billion in budget for metro rail revolution
Tomorrow’s NSW Budget will commit a massive $6.2 billion towards Sydney Metro City & Southwest and $5.8 billion for Sydney Metro Northwest over the next 4 years, with both stages now fully funded.
Premier Mike Baird, Treasurer Gladys Berejiklian and Minister for Transport and Infrastructure Andrew Constance made the announcement as the tunnels for Sydney Metro Northwest were handed over within budget and 10 months early – ready for railway tracks to be installed and the new metro stations built.
“Today is another red-letter day for public transport in Sydney,” Mr Baird said.
“When this government says it will build something we get on and build it - today’s announcement means we have the billions of dollars set aside to deliver this transformational project for NSW.”
Ms Berejiklian said: “The Budget will continue the Government’s record commitments to public transport with not only $1.3 billion in 2016-17 to continue work on the Metro Northwest, but also $1.4 billion in 2016-17 to continue the Metro under the Harbour, through the CBD and on to Bankstown.”
Mr Constance congratulated the almost 400 tunnellers and 4600 workers who delivered this new section of new world-class railway ahead of schedule.
“Every day there’s major leaps forward with Sydney Metro and the exciting part is we’re only just getting started.”
The $8.3 billion Sydney Metro Northwest is the first stage of Sydney Metro while the second stage, Sydney Metro City & Southwest, has an expected cost of between $11.5 billion and $12.5 billion.
2016-17 funding for Sydney Metro Northwest includes laying tracks and building eight new metro stations, procurement of Sydney’s new fully-automated metro trains and ongoing construction of the 4km skytrain.
The 2016-17 funding for Sydney Metro City & Southwest includes the tender process for twin tunnels from Chatswood to Sydenham and early construction work in 2017, including building demolitions and planning and design work.
Construction crews have started laying the tracks for Sydney Metro Northwest, which is scheduled to open in the first half of 2019. The first tunnel boring machine for Sydney Metro City & Southwest will be in the ground before the end of 2018, with services expected to start in 2024.