The Australian Capital Territory Government (ACT Government) has awarded contracts to the Cimic-led Canberra Metro consortium for stage one of light-rail project Capital Metro.
The role played by Cimic in the consortium will include sponsorship, design, construction, operations, maintenance, and equity investment for the rail project. Stage one is expected to deliver revenue of around A$300m ($219m).
As part of the Capital Metro project’s initial stage, a 12km light-rail route will be designed and built from Gungahlin to the city in addition to works related to on-going operation and maintenance of the rail system.
CIMIC Group executive chairman and CEO Marcelino Fernández Verdes said: "Projects such as Canberra’s light rail, and others in the PPP pipeline, are creating demand for the Cimic Group’s infrastructure investment expertise and major project design and construction capabilities.
"Through Pacific Partnerships and CPB Contractors, CIMIC generates competitive solutions, offering clients value throughout the project chain, from development to delivery and long-term asset management."
The consortium consists of Pacific Partnerships and CPB Contractors, John Holland, Mitsubishi, Aberdeen Infrastructure Investments, DB Engineering & Consulting, CAF, and Mitsubishi.
Pacific Partnerships will collaborate with John Holland and DB Engineering & Consulting to provide operations and maintenance services for a period of 20 years.
CPB Contractors and John Holland will partner to deliver the design and construction, while CAF will supply and maintain the light rail vehicles.
The project will receive A$375m ($274m) funding from ACT Government in 2018-19.
Construction of Canberra Metro is slated for completion in late 2018, with operations set to begin in early 2019.
Image: The initial stage of Capital Metro project will have a 12km light rail route. Photo: courtesy of ACT Government.