Australia road contract awarded to South Korean firm
The 13km M4-M5 Link in Sydney, Australia is to be constructed by the South Korean contractor, Samsung C&T. The project is worth US$788.5 million. The new link will be constructed as an underpass and is due for completion in mid-2023.
August 22, 2018
Read time: 1 min
The 13km M4-M5 Link in Sydney, Australia is to be constructed by the South Korean contractor, 1026 Samsung C&T. The project is worth US$788.5 million. The new link will be constructed as an underpass and is due for completion in mid-2023.
A programme of works aimed at eliminating all the rail crossings in Australia’s Victoria State is being established. The work is expected to cost US$705 million (A$1 billion). Eight level crossings will be removed in the north of Melbourne during 2019. In all, 75 level crossings in Melbourne will be removed by 2025. The aim of the plan is to improve safety, replacing the level crossings with either bridges or underpasses.
Major road investment is seeing a transformation of the network in Queenland, Australia. Further investment is waiting in the wings and the recent Connecting SEQ 2031 Transport Plan from the State Government of Queensland will see the construction of a primary arterial road linking North Lakes and Caboolture.
Electric car maker Tesla looks set to agree new battery supply deals for its vehicles. South Korean company Samsung SDI Japanese firm Panasonic and Chinese automotive company BYD have all been named as suppliers of lithium ion batteries. Whether all three firms will supply batteries to Tesla has not yet been revealed. Testing of a Tesla vehicle with new lithium ion batteries is to start shortly however.
Work is now going ahead on the new highway stretch to connect Peka Peka with Otaki, which will form part of the planned Kapiti Expressway. This 13km stretch of highway is being built by contractor Fletcher Construction. The package of works was awarded by the New Zealand Transport Agency (NZTA) and involves designing and building the new link. Construction work will start in 2017 and is expected to take until 2020.
