Thursday, 22 October 2009

Parramatta. Land and airspace to fund projects

Executive director, of the Transport and Tourism Forum, Brett Gale, said land around and above railway stations, such as Parramatta and St Leonards, would be a lucrative source of funds to pay for better public transport. In a submission to the Rees Government's 2031 Blueprint, the forum estimates the Government could fund more than $10 billion worth of mass transit projects, including heavy rail extensions and a metro network, by becoming developers or landlords.

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