The Regional Fast Rail project (or RFR project) was a rail transport project undertaken by the State Government of Victoria, Australia, between 2000 and 2006 aimed at improving rail services on the Victorian regional railway network (operated by V/Line), specifically to reduce travel times, enhance service frequency and safety. With delays, the project was finally completed in 2009. Record passenger numbers and a substantial contribution to the growth of regional Victorian economies have both been attributed to the project with several substantial spin-off projects and subsequent calls for further upgrades and investment. The cost of the project to the government was estimated at A$750 million. History Background and 1999 state election At the 1996 Victorian election, a Liberal Party government led by Jeff Kennett was re-elected on a platform of continued rationalisation of the state's public services. This program of service reduction and privatisation, later described as one of the Kennett government's most significant legacies, included breaking up the Public Transport Corporation and selling or franchising nearly all of its assets and operations, as well as cancelling or reducing train services to regional areas. During 1999, the state's V/Line rail freight operations were sold outright to Freight Victoria, a consortium led by American company RailAmerica. At the company's insistence, the government also decided to lease the majority of the intrastate network itself to the winning bidder, on the basis that the control of both track and trains would enable Freight Victoria to implement greater efficiencies. However, open access was mandated for the network under Freight Victoria's control, for other freight operators and passenger services. Later in the year, country passenger train operations under the V/Line brand were franchised to National Express, a British transport multinational, under a 15-year contract which included a commitment by the company to invest in infrastructure upgrades as well as 58 "high speed trains". In the lead up to the 1999 election, it became imperative for the Labor Party under Steve Bracks to focus on country towns most affected by the cuts to services over the previous decade, as the Liberal government appeared to be a strong chance for re-election in the suburbs of Melbourne. On 8 September, in addition to promising a Melbourne Airport rail link, Bracks announced a new commitment to invest $80 million in the Geelong, Ballarat, Bendigo and Traralgon country rail lines, enabling new private infrastructure manager Freight Victoria to increase speed