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NewswireTODAY - /newswire/ -
Sidney, Australia, 2017/12/18 - CIMIC Group company, CPB Contractors, as part of the Rail Systems Alliance (RSA), has been awarded works by the Victorian Government in support of the $11 billion Metro Tunnel Project, the state’s biggest ever investment in public transport - CIMIC.com.au. ASX: CIM
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CPB Contractors (as principal contractor) and Bombardier Transportation are partners in the RSA, with the Melbourne Metro Rail Authority (MMRA) and Metro Trains Melbourne (MTM).
The $1.1 billion design and construct contract will generate revenue of approximately $312 million to CPB Contractors.
Construction as part of the RSA is expected to commence in 2018 and be completed by 2026.
CIMIC Group Chief Executive Officer Michael Wright said: “With a strong history of delivering major rail infrastructure in Australia, CIMIC Group has brought together a team with extensive local knowledge and international experience to ensure the project’s objectives are realised.”
CPB Contractors Managing Director Juan Santamaria said: “We are focused on delivering next-generation rail network solutions that safely and seamlessly interconnect with existing infrastructure to create a high capacity, integrated rail system.”
CPB Contractors will deliver all site construction services, including civil works, and lead the design, supply, installation, testing, integration and commissioning activities for train and power control systems, operational control systems, and conventional and high capacity signalling on the new Sunbury to Cranbourne/Pakenham line.
The RSA (metrotunnel.vic.gov.au) will also deliver safety and efficiency improvements at the five new underground Metro Tunnel stations through the installation of platform screen doors, the application of which will be a first for Melbourne.
About CIMIC Group Limited
CIMIC Group Limited (cimic.com.au) is a world-leading infrastructure, mining, services and public private partnerships group. We have businesses in construction (CPB Contractors and Leighton Asia), mining and mineral processing (Thiess and Sedgman), operation and maintenance services (UGL), public private partnerships (Pacific Partnerships) and engineering (EIC Activities). Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and more than 50,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 200 index, the Dow Jones Sustainability Australia Index and FTSE4Good.
Contact: Ms Marta Olba, Group Manager Investor Relations; T+61(2) 9925 6134
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