none

QUEENSLAND'S NEW LIGHT RAIL CONTRACT HAS FOUND A HOME

21-03-2016
by 
in 

CIMIC Group has been awarded the contract to build the next phase of the Gold Coast light rail, by the Queensland government, after finalising a massive $420 million in funding.

The constructing giant has said that its construction arm CPB Contractors will begin work on the project in April.

The projection-completed date is estimated to be in late 2017, in time for the 2018 Commonwealth Games.

The second stage of the project received a boost in 2016 when the Turnbull government agreed to contribute $95 million in funding.

CIMIC's work will include a 7.3 km dual track alignment, three additional light rail stations, and two car park facilities, the company said.

Source: SBS News

Related news & editorials

  1. 17.04.2019
    17.04.2019
    by      In
    After protracted negotiations, May 2019 will see Australia join the World Trade Organisation Agreement on Government Procurement as the 48th member. The deal opens government procurement markets between all members who have acceded to the agreement – estimated to be worth around Au$2.3 trillion... Read More
  2. 09.04.2019
    09.04.2019
    by      In
    The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index increased by 1.8 points to 45.6 in March, indicating a slight easing in the construction industry’s aggregate rate of contraction (readings below 50 indicate contraction, and the lower the figure... Read More
  3. 03.04.2019
    03.04.2019
    by      In
    The annual ranking of Australia’s manufacturing companies shows a few changes from previous listings, with Caltex Australia topping this year’s list, relegating last year’s leader Fonterra Co-Op Group to second place.
    IbisWorld’s listing of Australia’s Top 100 Manufacturers is based on ASIC-lodged... Read More
  4. 01.04.2019
    01.04.2019
    by      In
    Ever onwards and upwards, albeit at a slower rate, the Ai Group’s Performance of Manufacturing Index continued in positive territory in March 2019, falling three points to 51.0.
    The six manufacturing sectors saw clear winners and losers, with the food, chemicals and textiles sectors all expanding... Read More