Summary:
- The Victorian government in Australia has signed a $17 billion deal with a global consortium to build the Suburban Rail Loop, a major infrastructure project that will connect the suburbs of Melbourne.
- The Suburban Rail Loop is a 90-kilometer underground rail network that will link every major rail line in Melbourne, providing a new transportation option for commuters and reducing congestion on existing lines.
- The deal with the global consortium includes the design, construction, and operation of the first stage of the project, which is expected to be completed by 2032 and will create thousands of jobs during the construction phase.