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HSR Concept Summary & Benefits


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Brief to Federal Government Politicians on the benefits of Value Capture - High Speed Rail and Smart City Project Sydney to Newcastle.

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HSR Concept Summary & Benefits

  1. 1. High-Speed Rail & Integrated Road Network:
 Stage 1: Sydney - Newcastle Concept Summary Spacecon Australia Pty Ltd June 2017
  2. 2. Why High-Speed Rail Sydney - Newcastle? Value Capture created by investment in Smart Cities to fund High-Sped Rail Infrastructure. ‘Game-changing’ infrastructure thats supports key economic initiatives for Sydney and Newcastle. 1 2 HSR and Road Infrastructure direct from Inner Sydney to Newcastle delivering passengers and freight. 140Km long underground double layer tunnel. 5 Smart Cities (40,000 people each). Preferential fares for Smart City Owner occupiers and First Home Buyers. Affordable Housing & Social Homes. Employment - 40,000 new jobs. Estimates Tax revenue of $21B to Federal and State Governments. No Government funding required. Self-funding and revenue generating over its delivery and operational phases. 3 What it will deliver Proven patented technology for a fast, efficient, safe and economical High-Speed Rail service.4 World class Transport and Smart City project. 5 6 Delivering a quantum leap into Smart Communities.
  3. 3. Implementation 140KM long 17M wide Tunnel from Sydney to Newcastle using 3 Tunnel Boring Machines. Completion in 3 years after approval.
  4. 4. Implementation Building of the Smart Cities and Infrastructure concurrently is key to the success of the project. - The project can be implemented in 4 discrete segments to be constructed by 8 separate construction companies. - Each Smart City and HSR segment costing around $13B each. $7B $6B
  5. 5. Smart City Infrastructure Each Smart City integrates 6 key areas to monitor, manage and optimise for efficiency.1 Smart City Infrastructure Broadband NBN to all dwellings and all city infrastructure. City wide WiFi. Internal City Transport via driverless vehicles. Water mains to City nodes Electricity to City nodes (note that city waste will be used in bio-fuel plants to create electricity). Sewerage outlet from City nodes. Educational facilities: Schools, Universities. Hospitals. Emergency services All City infrastructure will be built by the Consortium.2
  6. 6. Capacity to Deliver The consortium has both the Financial and Engineering capacity to design, construct and operate the project and has undertaken similar projects in Asia. Engineering Partners: - Hyundai, Samsung and Posco to build Smart Cities, High-Speed Rail and provide the tunnel boring machine technology. - The Korean Government will provide high- speed rail and smart city technologies. Spacecon Australia is a special purpose company set up for this project which is a subsidiary of Spacecon Group.
  7. 7. Risk Mitigation Active funding through property development means that the proponent will have the incentive to build, own and operate a transport network that delivers benefits for its clients. Completion guarantees will be provided by each of the consortium partners. Full project funding will be available at project commencement. The real success of this project will be seen after project completion. It will be evident in the commercial, economic and consumer benefits it is able to generate for decades.