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Victoria buys back regional network
By Railway Gazette International and Richard Hope2007-05-01T10:00:00
RESPONSIBILITY for the regional rail network in the Australian state of Victoria will pass from Pacific National to the state government this month under an agree-ment signed on April 13. PN will receive A$134m for surrendering a 15-year lease, renewable to 45 years, which was purchased by Freight Australia in ...
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