The NSW government has admitted the cost of a new rail line has blown out by up to $3 billion.
The cost of a major construction project to build a rail line that will run under Sydney Harbour is likely to blow out by up to $3 billion, the NSW government has admitted.
The 30km Metro City and Southwest rail project was expected to cost $12.5 billion, but additional costs mean it could now be up to $15.5 billion.
"I am sorry it happened this way but it is very much market forces at play in terms of the build," Transport Minister Andrew Constance told The Sydney Morning Herald on Friday.
Australian Associated Press