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Article: Australia: Melbourne's trains to get Metro brand.
- Article from:
- TendersInfo
- Article date:
- September 4, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: ravir98
'Metro' was unveiled as the branding for Melbourne's suburban rail services on September 1, when the Victoria government signed the operating contract under which Metro Trains Melbourne will replace Veolia Transport. Keolis Downer EDI signed the contract to operate the Yarra Trams network.
Both agreements start on November 30 and run for eight years with optional seven-year extensions. MTM will be paid an average of A$474m a year, and KDR A$97m.
State Premier said the MTM joint venture of MTR Corp (60%), John Holland (20%) and United Group (20%) 'will partner our government as we transform our suburban train system to a modern, ...