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Australia

Investments of around €614 million in ARTC network

The Australian government has announced an investment of around €614 million (AU$1 billion) in the 8,500 km railway network of the Australian Rail Track Corporation (ARTC). The funding includes Commonwealth contributions of €331 million to help ARTC modernise large parts of the railway network. The network plays a critical role in transporting large volumes of containerised goods and products, including chilled food and essential household items, as well as bulk commodities such as grain, minerals, and steel across the country. The Commonwealth funding complements ARTC's own commitment of €307 million through the Network Investment Programme, which has been developed in close collaboration with industry and shareholders. All of the funding is part of the Government's investment in major rail projects under the Infrastructure Investment Programme over the next four years. The investment includes the modernisation of existing crossing loops and culverts, the refurbishment and realignment of tracks, signalling works, and the replacement of sleepers.