An international consortium has been selected as the preferred proponent for the contract for construction, operation and maintenance of Capital Metro light rail line, from Gungahlin to the city.
The winning consortium, comprising of Pacific Partnerships, CPB Contractors, John Holland, Mitsubishi Corporation, Aberdeen Infrastructure Investments, Deutsche Bahn International and CAF has a proven track record of transport construction and operation both within Australia and overseas.
The consortium will build 12 km of light rail track, 13 stops and a depot and will have to deliver 14 light rail vehicles and 20 years of operation and maintenance.
“Canberra Metro’s proposal offers an innovative and world-class solution that will deliver better transport for Canberra,” ACT Chief Minister Andrew Barr said.
While the final cost will be confirmed when contracts are signed, the capital cost included in the winning bid is AUD 698 million (USD 495.6 million), with a variance of 5 per cent depending on contract negotiations and changes in market conditions between now and contract closure.
Canberra Metro will complete construction in late 2018 and begin operations in early 2019. This is sooner than previous estimates and means less disruption for Canberrans and faster access to the transformational effects of this city changing project.
The Public Private Partnership with Canberra Metro will allow the ACT Government to draw upon the expertise and technical infrastructural knowledge of high class consortium, and support Canberra’s trade, investment and local business.
This project will help stimulate Canberra’s economy through public and private investment, delivering opportunities for new business which will also support job opportunities and apprenticeships for locals.
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