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

  • Rwanda highway Rwanda's major highway construction aids regional integration
    April 16, 2012
    Shem Oirere reports on plans for a major highway to Rwanda to other parts of Africa Construction of a 78km highway stretch that links Rwanda to the rest of Eastern Africa will start in May. State Minister in Charge of Transport Dr Alex. Nzahabwanimana said the contract for the US$54 million project has already been awarded to German construction company Strabag International.
    Read More
  • Bidders announced for Panama project
    June 18, 2012
    The consortium made up of Acciona Infraestructuras and Tradeco from Spain and Mexico and the consortium made up of Odebrecht and Hyundai Joint Venture from Brazil and South Korea plus Vinci Construction Grands Projets from France have pre-quali ed in the tender for the construction of a new bridge at the Atlantic side of the Panama Canal. The second stage of the selection process will involve the client Panama Canal Authority (ACP) sending the contract terms and conditions to bidders. The 75m high and 4.6k
    Read More
  • US land sale completed for US-Canada Gordie Howe Bridge
    June 27, 2017
    Detroit has reached an agreement with the state to sell land, assets and some streets as part of a second bridge between Windsor and Detroit.
    Read More
  • Salini sells paving division of Lane Construction to Eurovia
    August 28, 2018
    The transaction is subject to clearance by regulatory authorities. Closing and payment are expected in thefourth quarter of 2018. The sale is in line with Salini Impregilo’s plan to consolidate its growth strategy in large, complex infrastructure projects in the United States by exiting from non-core and non-strategic activities. With the sale, Lane Construction will continue to be one of the leading companies in the country in transport, tunnelling and water projects, with annual revenue expected at
    Read More

Highlighted Content