Western FastRail
Western FastRail was a privately operated underground rail tunnel proposed to run between the Sydney CBD and Parramatta, a distance of 26 km, with the high-speed link continuing to Penrith on the outskirts of Sydney. First introduced in 2004 by a consortium of Dutch bank ABN AMRO and developer Leighton Holdings, the project, dubbed the Penrith High Speed Link, was again floated in December 2006 and received favourable comments by the New South Wales State Government, and was offered funding by Federal Opposition Leader Kevin Rudd should the Australian Labor Party win the 2007 Federal Election.
The proposed link would ease congestion along the main West-East corridor and reduce the current 29 minute service into the city to just 12 minutes. The service would operate in conjunction with RailCorp, and would use CityRail's existing railway stations and ticketing system, but with an extra fee on top of the normal CityRail ticket price (at approximately $9.90 a trip including a $3.10 surcharge). The train fleet and rail infrastructure would be built and maintained by a private company. The line has been estimated to cost $5 billion.
Read more about this topic: Proposed Railways In Sydney
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