A total of seven Australia’s transporters of freight on rail and road have written an open letter to the country’s prime minister Tony Abbott to take a call on the Inland Rail project.
Around A$300m ($235m) has already been allocated for this project and the companies are seeking the government to allocate full construction funding to finish the job.
The companies include Asciano, Aurizon, Genesee & Wyoming Australia, Linfox, Qube, SCT Logistics and Toll Group.
To be built between Melbourne and Brisbane through central-west New South Wales and Toowoomba, the Inland Railway project is expected to improve the country’s existing national rail network and serve the interstate freight market.
The project is expected to provide major benefits for each city, the regions in between and all Australians in the form of new investment, jobs and reduced pressure on existing roads, essential services and the environment.
Approximately 80% of freight moving between the east and west coasts of Australia currently travels on rail and less than 30% of freight moving between Melbourne and Brisbane travels by rail.
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By GlobalDataThe project will help meet the increasing freight volumes on Australia’s east coast, which would double by 2030 and triple by 2050.
Following completion, Inland Rail will reduce train transit times and transport costs, as well as provide a reliable rail transport alternative for agricultural and mining freight.