The Canberra Metro consortium, comprises the CIMIC Group’s Pacific Partnership and CPB Contractors, John Holland, Mitsubishi Corporation, Aberdeen Infrastructure Investments, DB Engineering & Consulting, CAF and Mitsubishi UFJ Financial Group Ltd, has been awarded the contract.
According to a statement CIMI Group, Pacific Partnerships will invest in equity funding along with John Holland, Mitsubishi Corporation and Aberdeen Infrastructure Investments. Pacific Partnerships will also provide operations and maintenance services for 20 years, in partnership with John Holland and DB Engineering & Consulting.
CPB Contractors will deliver the design and construction in a joint venture with John Holland. CAF will supply and maintain the light rail vehicles. MUFG is the financial advisor with funding provided by local and international banks.
The first stage of the Capital Metro project includes design and construction of a 12km light rail route from the fast growing area of Gungahlin to the city, with 13 stops, depot, road, signalling and preparatory works, and the ongoing operation and maintenance of the light rail system.
Canberra Metro will complete construction in late 2018 and begin operations in early 2019.