Suburban Rail Loop Faces Rising Costs and Doubts

A new report questions the Suburban Rail Loop’s soaring costs. Infrastructure Australia pushes Victoria to plan an exit strategy. This is reported by the railway transport news portal Railway Supply.

Infrastructure Australia distrusts cost projections for SRL East, linking Cheltenham to Box Hill. Figures from 2020 show $34.5 billion, yet prices have since skyrocketed.

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The report flags risks to SRL East and the wider 90km rail initiative. It stretches from Cheltenham to Werribee via Tullamarine across four stages.

Authorities demand Victoria reveal current costings and funding details for the rail project. The Commonwealth already provided $2.2 billion, covering one-third of SRL East.

Infrastructure Australia notes the first two sections’ economic gains disappoint expectations. Thus, it calls for reassessment to prioritize this rail endeavor.

The agency advises withholding federal funds until Victoria submits updated costs and plans. This includes analysis, revised estimates, and a clear financial strategy.

Suburban Rail Loop Faces Mounting Criticism

Minister Harriet Shing claims the project fits its budget range despite rising doubts. She highlights its support from two state elections.

Shing insists the orbital rail loop will benefit Melbourne’s residents and workers significantly. She ties Infrastructure Australia’s report to the $2.2 billion federal pledge.

Opposition’s Evan Mulholland labels the report a harsh critique of Premier Allan’s initiative. He demands construction pause and contract reviews now.

Mulholland says the assessment destroys the rail project’s 2020 business case entirely. He warns escalating costs threaten its value to Victoria’s future.

Future of Suburban Rail Loop Remains Uncertain

Infrastructure Australia’s findings heighten scrutiny on Victoria’s multi-decade rail project management. Stakeholders now expect clearer accountability and detailed responses.

Victoria’s leaders face pressure to justify the Suburban Rail Loop amid growing concerns. Its fate will shape Melbourne’s transport for decades ahead.

Source: www.northweststar.com.au

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