A private consortium has injected $5 billion into the Melbourne Airport Rail project, lifting total funds to a whopping $15 billion in a renewed effort to expedite construction and bring forward the project’s completion date. The private consortium, coined as AirRail Melbourne, agreed to match the two $5 billion commitments from Federal and State Governments.
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Deputy Prime Minister Michael McCormack has announced that the government is inviting firms to submit Expressions of Interest for a multi-million-dollar contract that will manage the design and construction of the Geelong and Warrnambool line upgrade projects.
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The Victorian Government has awarded a Metro Tunnel Project package of works worth $1 billion to the Rail Infrastructure Alliance, which consists of John Holland, CIMIC’s CPB contractors, Rail Projects Victoria, and Metro Trains Melbourne.
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