The Sydney Monorail near Darling Harbour Station,28th February 2009.The system was initially conceived in the late 1980s as part of the redevelopment of 50 hectares (120 acres) of land at Darling Harbour, providing a passenger link with the Sydney CBD. Initially operated by TNT Harbourlink, the monorail opened on 21 July 1988 after a construction period of 26 months.The first test services ran in October 1987 on a 500 metre section at Darling Harbour.In August 1998 TNT sold the monorail to CGEA Transport Sydney, which was owned by CGEA Transport (later renamed Connex) (51%), Australian Infrastructure Fund (19%), Utilities Trust of Australia (19%) and Legal & General (11%).
Between 1943 and 1944 the system was rebuilt to use electricity, with an official re-opening on 9 May 1944 by Mayor T.C. Pembro – who had taken office only 2 hours previously. In 1955 the original heavy wooden cars were replaced by the 'up-to-date' stronger and lighter (5.4 long tons or 5.5 tonnes) aluminium monocoque ones still in use today. Each car can carry up to 18 passengers.The rails were replaced in about 1972 with the bullhead design formerly used on mainline railways.