State of Victoria puts infrastructure projects back on track

An ambitious pipeline of projects is being used to lure investors to the Australian state of Victoria

State of Victoria puts infrastructure projects back on track

The Australian state of Victoria is sitting on a cash pile of A$11 billion $8.4 billion following the sale of the Port of Melbourne in September and plans to use the proceeds to partner with the private sector on infrastructure projects. 

Already the government has announced the building of a Metro railway tunnel under Melbourne’s central business district, the procurement of 65 high capacity trains, the removal of 11 dangerous level rail crossings, and...

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