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BRISBANE'S Cross River Rail project looks closer to reality, with the Federal Government's independent infrastructure body deciding it is ready to proceed.
Infrastructure Australia has ranked the project with a multi-billion dollar price tag - alongside three others as its top national priority.
This green light will help to inform the Federal Government's funding decisions.
"Cross River Rail has the capacity to support the balanced development of Brisbane and South East Queensland well into the mid century," the report released this morning said.
NOTHING TO SHOW: An estimated $40 million-plus has been tipped into the Cross River Rail project already.
Source: The Courier-Mail
The report added that the scale of the project presented "significant funding challenges".
"The project will almost certainly need to be staged," it said.
The new LNP state government initiated a review of the Cross River Rail - originally a Labor project - which recommended the Queensland Government move ahead with a "scaled back" version.
An artist's impression of the proposed Albert Street station in the $8.3 billion Cross River Rail project
Source: The Courier-Mail
Last month Transport Minister Scott Emerson said the government would consider a "core project".
*construction of two running tunnels from Yeerongpilly in the south to Victoria Park in the north, under the CBD and Brisbane River
*four new underground stations at Woolloongabba, Boggo Road, Albert Street and Roma Street
*connections to the existing northern and southern rail network.
The assessment by Infrastructure Australia follows four years of planning and development.
This article first appeared on www.heraldsun.com.au
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