News
Port of Brisbane could invest in $4.7b inland rail project
BRISBANE'S newly-privatised Port of Brisbane, which supported $50 billion in imports and exports last year, is interested in investing in part of a $4.7 billion inland rail project linking Brisbane, Toowoomba, Parkes and Melbourne.
Brisbane Times reports that the proposed inland freight line would be seven hours faster and about 170km shorter than the existing coastal railway.
Shadow Infrastructure Minister Warren Truss outlined the Port of Brisbane's enthusiasm for the futuristic project on Friday.
"The Port of Brisbane has indicated that they are interested in being an investor," Mr Truss said.
"And in particular, in the stretch of the line from the Port of Brisbane to Toowoomba."
- read more at the Brisbane Time
