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. 14.11.2018
    14.11.2018
    by      In
    Although Australia’s small and medium-sized businesses generate employment, drive innovation and boost competition, it has always been difficult for them to get credit finance from banks, especially in the past few months, due to the royal commission into financial services, stricter loan... Read More
  2. 01.11.2018
    01.11.2018
    by      In
    The growth of the manufacturing sector continued through October 2018, with the Ai Group’s Performance of Manufacturing Index holding firm at 58.3, just a tick below September’s rating of 59. The 25th consecutive month of PMI ratings above 50 (indicating growth) comes with further encouraging... Read More
  3. 22.10.2018
    22.10.2018
    by      In
    St.George Banking Group, UNSW Sydney and the Advanced Manufacturing Growth Centre (AMGC) are teaming up to advance Australian research and accelerate the introduction and commercialisation of new manufacturing technologies.
    The alliance brings together three different strands of the national... Read More
  4. 09.10.2018
    09.10.2018
    by      In
    Integrated Office Solutions has an intriguing proposition for any company (manufacturing or otherwise) that is experiencing difficulties recruiting and retaining staff in roles that are not location dependant. Why not outsource the roles or set up a team in a country where skills are plentiful and... Read More