The Federal Government has announced a rescue package for Tasmania's troubled West Coast Wilderness Railway.
It was due to grind to a halt at the end of April after the Federal Group announced it would close the taxpayer-owned tourist attraction.
The business blamed spiralling maintenance costs and a drop in passenger numbers.
The Labor Member for Braddon, Sid Sidebottom, has announced the Commonwealth will provide $6 million for urgent track repairs.
"Capital expenditure is required to fix that infrastructure and that's what we're committing to," he said.
The deal is subject to the Tasmanian Government finding an operator and underwriting its ongoing operational costs for the next four years.
"We're also asking that an operational model be developed so that this is sustainable. We don't want to be back here in three years' time," Mr Sidebottom said.
The Tasmanian Infrastructure Minister David O'Byrne has promised up to $1.5 million each year for four years.
He is confident of the state will find a new operator.
"We've already had approaches from a number of different organisations wanting to have discussions," Mr O'Byrne said.
Mr Sidebottom wants the Federal Group to be involved again.
"I'm hoping the Federal Group will play its part to continue in this enterprise."
But Mr O'Byrne dismissed that idea.
"I can't see that happening we've already had approaches from a number of different organisations."
The announcement has been welcomed by Tasmania's Tourism Industry Council and the State Opposition.