The project will generate revenue of approximately $500 million for CPB Contractors, with construction scheduled to commence in mid‐2016.
CIMIC Group Executive Chairman and Chief Executive Officer Marcelino Fernández Verdes said: “Australia’s focus on infrastructure investment is creating a strong pipeline of work and demand for CIMIC and CPB Contractors’ capabilities across multiple sectors.
“This project is delivering a sustainable transport solution for Victoria and is another example of the opportunities arising from government initiatives to improve community infrastructure.”
CPB Contractors Managing Director Román Garrido said: “Our Alliance team brings strong capabilities and complementary areas of experience. Our partnership will ensure the project achieves its objectives to deliver improved safety, reduced traffic congestion and greater rail network efficiency.”
Alliance participants include Lendlease, WSP | Parsons Brinckerhoff, Aurecon, LXRA and Metro Trains Melbourne.
The project will remove nine level crossings between Caulfield and Dandenong in Melbourne’s south‐eastern suburbs, as well as rebuild five railway stations. Works will be completed in 2018.
The project is part of the Victorian Government’s commitment to remove at least 20 level crossings by 2018 and 50 by 2022.