The AustralAsia Railway Corporation was established in 1997 by the Government of the Northern Territory to build the Darwin - Alice Springs railway. 50% of its board positions and voting right are assigned to the South Australian Government. It owns some of the infrastructure of the Darwin - Alice Springs, Northern Territory railway and the lease of the Alice Springs - Tarcoola, South Australia railway from the Australian Government, and leases (or subleases) them to FreightLink. In 2000, it awarded the contract to build the Darwin - Alice Springs railway to the Asia Pacific Transport Consortium as a Build Own Operate and Transfer back operation. Official crest of the Northern Territory The Government of the Northern Territory is a unicameral parliament (i. ... Arrival of the first Ghan into Darwin Route map of the Ghan The Ghan short for The Afghan is the 48-hour, 2,979-km passenger service on the Adelaide-Alice Springs-Darwin Central Australian Railway in Australia. ... The form of the Government of South Australia is prescribed in its Constitution, which dates from 1856, although it has been amended many times since then. ... Darwin is the territorial capital and most populous city of the Northern Territory. ... Alice Springs on a large scale map Alice Springs is a large town in the Northern Territory of Australia located at 23°42′S 133°52′E. Its population of 28,178 (2001 Census) makes it the second-largest settlement in the Territory (the only other towns of significant size... Tarcoola (30°42´S 134°34´E, postcode 5710, altitude 204 m) is a town in the Far North of South Australia 416 km north-northwest of Port Augusta. ... This article describes the national government of Australia. ...
The Australian Government contributed $165 million from the Centenary of Federation Fund, the Northern Territory Government contributed $165 million and the South Australian Government contributed $150 million to the AustralAsia Rail Corporation for the construction of assets by Asia Pacific Transport Consortium and FreightLink that were later leased for a peppercorn rental to FreightLink. In addition, the three Governments contributed about $26 million each, a total of $79 million in further funding to support the Asia Pacific Transport Consortium directly, by way of mezzanine debt financing (subordinated debt), equity and contingent equity.
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