East West Connect to deliver Australian toll road

East West Connect consortium has signed a contract with the Victorian government to deliver the US$6.99 billion (AUD 8 billion) East West Link toll road in Australia. The $4.62 billion (AUD 5.3 billion) partnership was agreed after the High Court rejected an application for an injunction to defer the deal. The project's winning design incorporates two 4.4km three-lane tunnels between CityLink and Hoddle Street. The consortium, which includes Lend Lease, Acciona, Capella Capital and Bouygues, has spent some
October 2, 2014 Read time: 1 min
East West Connect consortium has signed a contract with the Victorian government to deliver the US$6.99 billion (AUD 8 billion) East West Link toll road in Australia. The $4.62 billion (AUD 5.3 billion) partnership was agreed after the High Court rejected an application for an injunction to defer the deal. The project's winning design incorporates two 4.4km three-lane tunnels between CityLink and Hoddle Street. The consortium, which includes Lend Lease, 976 Acciona, Capella Capital and 979 Bouygues, has spent some $34.93 million (AUD 40 million) on the project to date. The contracts also include a $436.69 million (AUD 500 million) kill fee to protect it from sovereign risk.

Highway & Network Management

For more information on companies in this article

Related Content

  • Colombia’s infrastructure development
    December 5, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • SMEC is working on two key projects in Australia
    February 28, 2013
    SMEC is now working on two key projects in Australia. The company has been awarded the contract administration services contract for the Horse Park Drive extension in Canberra by the Australian Capital Territory Government. It has also won the intersection upgrade project in New South Wales. The project in Canberra involves construction of the final section of Horse Park Drive from Burrumarra Avenue to Mirrabei Drive in the Gungahlin area. On completion, the road will connect the new residential areas of Ja
    Read More
  • Focusing on workzone safety systems
    March 16, 2012
    The US has seen a major reduction in deaths following accidents in its highway construction work zones, while Europe and other parts of the world are looking at new safety technology and systems to trigger a similar trend. Guy Woodford reports. Work in the US to reduce the likelihood of potentially fatal accidents at highway work zones is paying dividend.
    Read More
  • Building Egypt's world class Desert Highway
    February 9, 2012
    A huge highway upgrade project will transform the Cairo-Alexandria road link into a world-class connection as Mike Woof reports
    Read More

Highlighted Content