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The Canberra Times
The Canberra Times
Jasper Lindell

ACT agency eyed Middle East millions to fund stadium, light rail

An artist's impression of the City to the Lake projects, which the Land Development Agency sought to discuss with Middle East financiers. Picture supplied

An ACT government agency sought funding from the Middle East to pay for infrastructure projects worth more than $2 billion, including a new stadium, light rail lines and a convention centre.

A consultant was authorised by a contractor working in the Land Development Agency to begin discussions with countries including Qatar, Saudi Arabia and the United Arab Emirates to gauge whether the countries would issue loans for territory projects, The Canberra Times can reveal.

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