Light rail business case released
Source: ACT. Chief Minister
Prepared by PricewaterhouseCoopers, the business case was requested by the Commonwealth after the ACT Government listed light rail as one of nine projects it believed worthy of co-funding through the Commonwealth's Building Australia Fund. The business case found that:
Light rail could potentially decrease Canberra's traffic congestion and commuting time and as a result reduce greenhouse gas emissions and air pollution; the project would cost approximately $2 billion; and the project has a benefit-to-cost ratio of 1.62