Ferrovial consortium picked for Western Roads Upgrade in Melbourne

Ferrovial’s subsidiary Cintra is part of a joint venture that has been selected as preferred respondent for the Western Roads Upgrade project in western Melbourne. The State of Victoria awarded the deal to Netflow, a joint venture between Plenary and Cintra with a focus on road projects in Australia and New Zealand. The win includes Ferrovial subsidiaries Broadspectrum and Amey taking charge of maintenance on the project worth nearly US$1.4 billion. The overall contract is for the design, construction and
November 3, 2017 Read time: 2 mins

Ferrovial’s subsidiary Cintra is part of a joint venture that has been selected as preferred respondent for the Western Roads Upgrade project in western Melbourne.

The State of Victoria awarded the deal to Netflow, a joint venture between Plenary and Cintra with a focus on road projects in Australia and New Zealand. The win includes Ferrovial subsidiaries Broadspectrum and Amey taking charge of maintenance on the project worth nearly US$1.4 billion.

The overall contract is for the design, construction and financing of works to upgrade and rehabilitate western Melbourne’s suburban road network and then maintain them for 20 years.

Work includes the upgrade and duplication of six suburban arterial roads, the construction of two interchanges and rehabilitation and maintenance of more than 700-lane-kilometres of road.

Cintra, and its partner Plenary will be responsible for the development of the project. WBHO Infrastructure will be in charge of construction.

The concession term will be over 20 years from the end of construction completion, expected for 2020. In the coming months, the consortium will work to achieve financial close. Design and construction works will start as soon as financial close has been achieved.

The project is the second investment of Ferrovial in Australia since the Toowoomba Second Range Crossing awarded in 2015.

The Western Roads Upgrade becomes the first project awarded since the creation of the Netflow joint venture between Cintra and Plenary to develop road projects in Australia and New Zealand.

Finance & Funding

Related Content

  • Land acquisition delays the start of Bratislava's orbital road
    September 25, 2017
    Land acquisition issues have stalled the start of construction of Bratislava’s orbital road by up to eight months. Work could begin this autumn, according to a report by the Slovak Spectator, because the government is working on laws that would allow construction before all land is acquired.
    Read More
  • Upgrades underway for Tarrant tollway in Texas
    September 20, 2013
    Financing has been found to fund construction work on the North Tarrant Express (NTE) in Texas. The public-private partnership project for Segment 3A of the route will be carried out by NTE Mobility Partners Segments 3 LLC (NTEMP3). The rebuilding of the I-35W road close to Fort Worth will help reduce traffic congestion on the route at peak periods. The public-private partnership has been agreed between NTEMP3, the Texas Department of Transportation (TxDOT) and the North Central Texas Council of Governments
    Read More
  • Slovakia: D4/R7 Bratislava bypass work to start early this year
    January 10, 2017
    Construction will start early this year on 59km of highway as part of the D4/R7 bypass of the Slovakian capital Bratislava. Ferrovial through its subsidiaries Cintra Infraestructuras and Ferrovial Agroman is leading the consortium on the public-private partnerships deal worth around €1.9 billion, according to media reports. Ferrovial reached financial close on the project in June, noting that their investment would be around €975 million. The first stage of the design, build, financing, operate and ma
    Read More
  • East End Crossing Project—Availability payment P3 in action
    July 14, 2017
    Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
    Read More

Highlighted Content