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Labor considers an inquiry into $10b Melbourne to Brisbane inland railway

NSW Labor leader Michael Daley says a future Labor government will conduct an inquiry into the $10 billion Melbourne to Brisbane inland railway which could result in an overhaul of the landmark project. The Australian Financial Review reports that “while Labor is unlikely to scrap the $9.3 billion equity investment in ARTC, a review or inquiry into the planning process is likely to be announced. Another potential headache for the Morrison government is the Queensland government has yet to sign up to the intergovernmental agreement for the inland rail project. NSW and Victoria are already on board. The $10 billion project stops at the Queensland border. It is dependent on a complex 126-kilometre section tunneling through Toowoomba Ranges to Acacia Ridge in Brisbane's west which will be put to the market as a public-private partnership.”

Source: Australian Financial Review

Brazil to privatize more airports, railways for grains

The Bolsonaro government is moving ahead to privatize Brazil’s southern airports and the railway system supporting its grain belt. “Chinese investment would be ‘very well received’ in Brazilian infrastructure projects, said [Adalberto Vasconcelos], head of the PPI government program tasked with luring private investment in the country’s infrastructure. Brazil’s new right-wing President Jair Bolsonaro criticized China for ‘buying up’ Brazil during the election campaign last year. But Vasconcelos clarified that he was referring to strategic assets and ‘means of production’ such as farm land.”i...

Source: U.S.

World Bank may invest in Belarus’ railway sector

The World Bank is considering possible avenues of investment in Belarus’ railway industry, including via public private partnership mechanisms. “The plans were discussed as a group of World Bank specialists met with top officials of the National Agency of Investment and Privatization (NAIP) and representatives of the Economy Ministry, BelTA has learned. NAIP Acting Director Denis Meleshkin presented Belarus’ first public private partnership project. The project envisages the reconstruction of part of the M10 motorway. It has already been approved by the government. A tender to choose the private partner will be organized as the next step.”

Source: export.by