VINCI awarded a railway upgrade contract in Australia
October 14 2024 - 11:45AM
UK Regulatory
VINCI awarded a railway upgrade contract in Australia
Nanterre, 14 October 2024
VINCI awarded a railway upgrade contract
in Australia
- Upgrade of a section of the North
Coast Line, in the north of Brisbane in Queensland
- Contract worth €432 million (A$695
million)
Seymour Whyte, a subsidiary of VINCI
Construction in Australia has awarded - in a 50-50% joint venture
with John Holland - the contract to upgrade a section of railway
located between Beerburrum and Nambour, in the south-east of
Queensland.
The works, worth 432 million euros (695 million
Australian dollars), will start in 2025 for two years. They include
the duplication of tracks, the straightening of rails, an upgraded
park ’n’ ride facility and signalling systems. In addition, several
viaducts will be built and renovated.
This project is the first phase in the
renovation of the North Coast Line on behalf of the Department of
Transport and Main Roads. This renovated and modernised line will
increase traffic and optimise travel for passengers and freight in
a fast-growing region.
In 2023, the joint venture had already been
appointed to undertake the preparatory phase which included design
development and stakeholder engagement, geotechnical investigation
works as well as environmental and cultural heritage planning and
approvals.
About VINCI
VINCI is a global player in concessions, energy and construction,
employing 280,000 people in more than 120 countries. We design,
finance, build and operate infrastructure and facilities that help
improve daily life and mobility for all. Because we believe in
all-round performance, above and beyond economic and financial
results, we are committed to operating in an environmentally and
socially responsible manner. And because our projects are in the
public interest, we consider that reaching out to all our
stakeholders and engaging in dialogue with them is essential in the
conduct of our business activities. VINCI’s ambition is to create
long-term value for its customers, shareholders, employees,
partners and society in general. www.vinci.com
This press release is an official information document of
the VINCI Group.
PRESS CONTACT
VINCI Press Department
Tel: +33 (0)1 57 98 62 88
media.relations@vinci.com
- CP VINCI_Queensland Rail Upgrade contract_VA
Vinci (EU:DG)
Historical Stock Chart
From Nov 2024 to Dec 2024
Vinci (EU:DG)
Historical Stock Chart
From Dec 2023 to Dec 2024
