The NSW government has awarded a $2.3 billion contract for 500 intercity train carriages to a multinational consortium, with the trains to be made in South Korea.
AAP reports that the first batch of intercity trains would be delivered in 2019, with the tender awarded to the RailConnect Consortium. This group included UGL, Hyundai Rotem and Mitsubishi Electric Australia.
Andrew Constance, the state transport minister, said the winning bid offered a 25 per cent cost advantage.
“If I didn’t go with this winning bid you’d be criticising me the other way,” the ABC reports him as saying.