Expansion costs soar for Queensland Rail

摘要

QUEENSLAND Rail (QR) said the initial cost of a 3.4 billion Australia dollars (3.6 billion US dollars) plan to expand the state's export coal rail network may double, amid growing costs for construction materials. QR's biggest expansion plan, the Goonyella/Abbott Point project, is likely alone to match the projected spending on the entire infrastructure expansion, according to Lance Hockeridge, chief executive of QR.