A $1.6 billion light rail system linking some of Sydney's biggest attractions will create 10,000 jobs and make it easier for people to travel to sporting, entertainment, health and education areas, the state government says.
By 2020, 20 light rail stops will be built along the 12km route, which, according to present schemes, will run between Circular Quay and Central, the Moore Park sporting and entertainment precinct, Randwick Racecourse, the University of NSW and Prince of Wales Hospital at Randwick.
"It extends from Circular Quay along George Street to Central Station and Moore Park, then to Kingsford via Anzac Parade and Randwick via Alison Road and High Street," Transport Minister Gladys Berejiklian said of the "priority project ... that will transform Sydney".
During peak times, services would depart the city centre every two to three minutes and about every five minutes between Moore Park and the Randwick and Kingsford branches, Ms Berejiklian said.
The light rail project will be designed, built, operated and maintained using money from public and private sectors.
Major works are scheduled to start in 2015.
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