Rolling stock public-private partnership
Sydney’s Waratah is the next generation of suburban passenger trains are designed to provide customers with improved security, safety and accessibility features.
The new fleet is being acquired through the NSW Government's $3.6 billion (net present cost) rolling stock public-private partnership (PPP).
The PPP is an agreement with the private sector to build and maintain 626 new Waratah carriages for 30 years.
This is the largest single procurement of trains in Australian history, and is equivalent to about 50% of CityRail's current suburban fleet.
Further information about the project is available on the Transport for NSW website.