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

  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • Budget cuts affect Messina Straits bridge construction
    March 22, 2012
    A fresh set of problems has hit the long planned Messina Straits Bridge in Italy.
    Read More
  • Spain: €1 billion compensation claims
    July 9, 2012
    A number of major contractors building highways in Spain are demanding compensation to the value of €1 billion from the Ministry for Public Works for having delayed the approval of these projects for an average of 12 months.
    Read More
  • Australia key contracts for roads and tunnels
    January 17, 2017
    In Western Australia, plans are in hand to construct a 3km tunnel that will form a stretch of the Perth Freight Link project. The tunnel will run between the Stirling Highway and High Street in Fremantle to the Hilton's Stock-Winterfold Road intersection. In addition, the tunnel will also become a stretch of the Roe 9 highway extension project. The Perth Freight Link project is worth US$1.43 billion (A$1.9 billion) in all. Meanwhile a consortium is carrying out work on the NorthLink WA second phase contr
    Read More

Highlighted Content