ABC Victoria: Rail project business case will not be released: Mulder. by state political reporter Alison Savage. Sun 18 May 2014, 10:35am AEST
Terry Mulder says the business case for the Melbourne Rail Link will never be released in full.
Victoria’s Transport Minister Terry Mulder says the full business case for the planned Melbourne Rail Link will not be made public.
The $11 billion project includes a new rail tunnel from Southern Cross station to South Yarra, a line to the airport and two new railway stations at Domain and Fisherman’s Bend-Montague.
It will be built through a public-private partnership and construction will begin in 2016.
Labor has demanded the Government release the business case for the project to justify why it dumped its predecessor, the Melbourne Metro project.
Melbourne Metro would have delivered three additional railway stations but required several years of significant disruption to Melbourne’s CBD.
Mr Mulder has told a budget estimates hearing there is a “preliminary comprehensive” business case.
He says the full business case is yet to be finalised and will never be released in full.
“The business case will contain sensitive commercial information which, if released, could severely inhibit our ability to get the best value for money for the project,” he said.
“However, we would look to release relevant information which does not create a commercial disadvantage for the state,” he said.
Mr Mulder was also questioned about how many properties in South Yarra may need to be compulsorily acquired to make way for the new rail tunnel.
He says that is yet to be determined.
“That will be determined as we move in to more extensive and design planning for the project,” he said.