|Funding Programme:||Plan for the Future - Building Australia Fund
|Expected Start/Finish:||July 2010 - July 2014
|Estimated Project Cost:||$1,296,000,000
|Australian Government Contribution:||$365,000,000
|Local Council/Shire:||Gold Coast City Council
The Gold Coast Rapid Transit project involves the construction of a 13 kilometre light rail system to link key activity centres from Griffith University (Gold Coast Campus) to Broadbeach via Southport. This project covers Sections 2 and 3 of a broader system planned to connect Helensvale with Coolangatta.
The project is expected to reduce traffic congestion, shorten travel times and lower road maintenance costs. The light rail system will provide rapid access to key strategic locations, such as education and medical facilities, major retail centres, tourism precincts and business and employment areas along the Gold Coast strip. The project will provide a boost to the vital tourism industry.
The Australian Government is contributing $365 million to Sections 2 and 3 of the project. The Queensland Government is contributing $811 million and the Gold Coast City Council is contributing $120 million. For the 15 year concession period and under a performance-based payment method, GoldLinQ will be paid a State government funded service payment subject to meeting performance targets under the contract.
Construction commenced in July 2010 and the project was officially opened on 20 July 2014.
GoldlinQ G:Link Gold Coast Light Rail
Disclaimer: The material contained in this site is made available
on the understanding that the Department is not thereby engaged in rendering professional
advice for a particular purpose. Before relying on the material in any important
matter, users should carefully evaluate the accuracy, completeness and relevance
of the information for their purposes and should obtain appropriate professional
advice relevant to their particular circumstances.
Project details last updated: 21/01/2015