It puts the cost of the entire line,which will span 22 kilometres if the second stage is built as promised,at $6.8 billion – the equivalent of twoCBD and southeast light rail projects.
About$600 million was set aside in last year’s budget for enabling works for the second stage,which will largely fund construction of a 320-metre bridge across the Parramatta River from Melrose Park to Wentworth Point.
The Minns government has pledged to commit an extra $200 million to expedite the project,but that falls short of the projected $705 million needed over the next three years to start building the actual light rail line by 2026.
The transport agency’s cost estimates are contained in advice to the parliamentary budget office. Transport for NSW has not previously released cost forecasts for the second stage.
Business Western Sydney executive director David Borger said Tuesday’s budget was a chance for the government to deliver on its commitment.