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Downer Wins $4.6 Billion Contract to Supply Queensland with New Passenger Trains for the 2032 Brisbane Olympics — ASX:DOW| ASX Mining News & Discussion
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Lykeshares Official
$DOW Downer Wins $4.6 Billion Contract to Supply Queensland with New Passenger Trains for the 2032 Brisbane Olympics
Downer, a leading provider of integrated services in Australia and New Zealand, has secured a monumental $4.6 billion contract to deliver 65 new passenger trains to Queensland. This contract is part of the state's investment in public transport ahead of the highly anticipated 2032 Brisbane Olympics. The trains will be manufactured in Maryborough, creating 690 new jobs.

This agreement between Downer and Queensland brings with it a range of benefits:

Revitalizing Local Train Manufacturing - The contract marks a revival of train manufacturing in Queensland, which had previously been outsourced to overseas suppliers. By producing the trains locally, the region will witness the return of valuable skills, training, and innovation to the industry, fostering regional development.

Enhancing Passenger Experience - The new trains will greatly improve accessibility and comfort for passengers, particularly those with disabilities. Advanced features such as Train Boarding Bridges, Electronic Levelling Controls, phone charging capabilities, Wi-Fi access, and CCTV cameras ...
Downer Wins $4.6 Billion Contract to Supply Queensland with New Passenger Trains for the 2032 Brisbane Olympics

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?