Metro Trains Sydney
Metro Trains Sydney Pty Ltd (MTS) is the operator of the Sydney Metro. It is a joint venture between Hong Kong-based MTR Corporation, John Holland Group and UGL Rail formed in September 2014. It operates the network with a fleet of 22 Alstom Metropolis trains under a 15-year contract. The three constituent companies are also partners in the Metro Trains Melbourne joint venture, which has operated the Railways in Melbourne, Melbourne suburban network since 2009. History In June 2014, Northwest Rapid Transit (NRT), a consortium of Hong Kong-based MTR Corporation, John Holland Group, John Holland, CPB Contractors, UGL Rail and Plenary Group, was selected by Transport for NSW to build stations, procure trains and operate services on the Sydney Metro Northwest in a $3.7 billion public–private partnership. The contract was formally awarded by the Government of New South Wales, New South Wales Government in September 2014. During the construction, John Holland Group, John Holland and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sydney Metro Northwest
Sydney Metro Northwest was a rapid transit project involving the construction of a rail line through the north-western suburbs of Sydney, New South Wales, Australia. The line included the conversion of the existing Epping to Chatswood Rail Link to metro standards and connects the suburbs of Rouse Hill and Chatswood via Castle Hill and Epping. The project was managed by Transport for NSW through its Sydney Metro agency and opened to service on 26 May 2019 as the Metro North West Line. Prior to June 2015, the project was known as the North West Rail Link (NWRL). Originally, "North West Rail Link" referred to the section between Epping and Rouse Hill. By June 2015, the name had been extended to cover the route of the original NWRL and the existing Epping to Chatswood railway line. In June 2015, it was announced that the entire project would be renamed the Sydney Metro Northwest. Project history Planning for the original North West Rail Link which later became known as Sydn ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Australian Companies Established In 2014
Australian(s) may refer to: Australia * Australia, a country * Australians, citizens of the Commonwealth of Australia ** European Australians ** Anglo-Celtic Australians, Australians descended principally from British colonists ** Aboriginal Australians, indigenous peoples of Australia as identified and defined within Australian law * Australia (continent) ** Indigenous Australians * Australian English, the dialect of the English language spoken in Australia * Australian Aboriginal languages * ''The Australian'', a newspaper * Australiana, things of Australian origins Other uses * Australian (horse), a racehorse * Australian, British Columbia, an unincorporated community in Canada See also * The Australian (other) * Australia (other) * * * Austrian (other) Austrian may refer to: * Austrians, someone from Austria or of Austrian descent ** Someone who is considered an Austrian citizen, see Austrian nationality law * Austrian German dialect * Someth ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Railway Companies Established In 2014
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles (rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tyred road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer facil ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Companies Based In Sydney
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Railway Companies Of New South Wales
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles (rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tyred road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer faciliti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Passenger Railway Companies Of Australia
A passenger (also abbreviated as pax) is a person who travels in a vehicle, but does not bear any responsibility for the tasks required for that vehicle to arrive at its destination or otherwise operate the vehicle, and is not a steward. The vehicles may be bicycles, buses, passenger trains, airliners, ships, ferryboats, and other methods of transportation. Crew members (if any), as well as the driver or pilot of the vehicle, are usually not considered to be passengers. For example, a flight attendant on an airline would not be considered a passenger while on duty and the same with those working in the kitchen or restaurant on board a ship as well as cleaning staff, but an employee riding in a company car being driven by another person would be considered a passenger, even if the car was being driven on company business. Railways In railway parlance, passenger, as well as being the end user of a service, is also a categorisation of the type of rolling stock used.Simmon ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Metro North West Line
Metro North West Line is a rapid transit rail line in Sydney, New South Wales, Australia. The first–and currently the only line on the Sydney Metro network, it commenced operation on 26 May 2019, running between and . The line will be extended through the Sydney central business district and towards Bankstown with 18 more stations, as part of the Sydney Metro City & Southwest project, with an opening date of 2024. Construction The North West Line is being constructed in two stages. The current section was completed in May 2019 under the Sydney Metro Northwest project, which involved the construction of an entirely new line between Tallawong and Epping, along with the conversion of the Epping to Chatswood railway line which previously operated under suburban Sydney Trains services. The second stage, the Sydney Metro City & Southwest, is currently under construction and involves extending this line from Chatswood to Bankstown, similarly involving a combination of cons ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government Of New South Wales
The Government of New South Wales, also known as the NSW Government, is the Australian state democratic administrative authority of New South Wales. It is currently held by a coalition of the Liberal Party and the National Party. The Government of New South Wales, a parliamentary constitutional monarchy, was formed in 1856 as prescribed in its Constitution, as amended from time to time. Since the Federation of Australia in 1901, New South Wales has been a state of the Commonwealth of Australia, and the Constitution of Australia regulates its relationship with the Commonwealth. Under the Australian Constitution, New South Wales, as with all states, ceded legislative and judicial supremacy to the Commonwealth, but retained powers in all matters not in conflict with the Commonwealth. Executive and judicial powers New South Wales is governed according to the principles of the Westminster system, a form of parliamentary government based on the model of the United Kingdom. Legisl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Metro Report International
''Metro Report International'' is a business journal for urban transport professionals which covers the metro, light rail, tram and commuter rail industries worldwide. It includes news and articles looking at urban transport around the world, with maps and project data. Coverage of the rolling stock market includes detailed listings of metro car and low-floor tram orders. News is published online, with the printed magazine issued twice per year. History ''Metro Report International'' began as ''Developing Metros'', which was launched in 1985 as an annual supplement to ''Railway Gazette International''. ''Developing Metros'' was renamed ''Metro Report'' in 1998, and to ''Metro Report International'' in 2008. ''Metro Report International'' is part of the Railway Gazette Group within DVV Media Group, which is part of the Hamburg-based Deutsche Verkehrs Verlag group. See also * ''Railway Gazette International'' * ''Rail Business Intelligence ''Rail Business Intelligence'' was ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public–private Partnership
A public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions.Hodge, G. A and Greve, C. (2007), Public–Private Partnerships: An International Performance Review, Public Administration Review, 2007, Vol. 67(3), pp. 545–558 Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users over the course of the PPP contract. Public–private partnerships have been implemented in multiple countries and are primarily used for infrastructure projects. They have been employed for building, equipping, operating and maintaining schools, hospitals, transport systems, and water and sewerage systems. Cooperation between private actors, corporations and governments has existed since the inception of sovereign states, notably for the purpose of tax collection and colonization. However, contemporary "public-private partnerships" came into being ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |