In last week’s Budget, the NSW Government committed $50 million for planning and development works for Stage 2 of Parramatta Light Rail. Treasurer Dominic Perrottet noted the funding would ensure the right transport links between Greater Parramatta and Sydney Olympic Park and its surrounding precinct.
The Business Association is delighted that the NSW Government has shown confidence in supporting Sydney Olympic Park transport infrastructure, actively encouraging business, residential, sports and entertainment investment in the Olympic Peninsula.
Minister for Transport Andrew Constance said the Stage 2 funding would ensure the project is ‘shovel ready’. He added, “This area is growing at an exponential rate and requires infrastructure that is smart, futureproof and will offer the community a variety of transport choices.”
City of Parramatta Lord Mayor Cr Bob Dwyer also welcomed the NSW Government’s commitment to invest $50 million in Parramatta Light Rail Stage 2 planning in the upcoming State Budget.
The Business Association has long advocated for a light rail network that would include Sydney Olympic Park with a direct interchange to the under-construction Sydney Metro West, ferries, and the existing heavy rail network.