The Victorian Government in Australia is inviting local and international investment firms to invest in the A$50 billion ($34.37 billion) Suburban Rail Loop project through a Registration of Interest (ROI) process, according to InfraPPP.
The ROI, designed to help the government determine which organizations have the capabilities to develop the facility, will consider designers, engineers, rail-system providers, rail operators, rolling stock providers, investors, financiers and architects.
The underground rail network project would connect major rail lines from Frankston line to Werribee line, as well as health, education and employment centers, according to a project fact sheet. It would also connect Melbourne’s suburbs to priority growth precincts through a 90-kilometer (??-mile) circle line.
The project would include 15 new station connections, including 12 potential underground stations. By 2051, it is expected to take an estimated 200,000 vehicles off the