Sun. Apr 21st, 2019

ACS takes out a contract of 3,400 million euros to build the Brisbane metro (Australia)

ACS takes out a contract of 3,400 million euros to build the Brisbane metro (Australia)


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MadridUpdated:

ACS has been awarded the construction of a new subway line in Brisbane, which includes the execution of a tunnel under the river of the city, as well as its subsequent maintenance, an estimated project in 3,400 million euros which, according to the group, is the largest in the history of the State of Queensland.

The company presided by Florentino Pérez has achieved through this Australian subsidiary Cimic this "macroproject", with which reinforces its portfolio of works in this country, which has already been established as its second largest market by income after the United States.

The so-called «Cross River Rail» in Brisbane involves building a 10-kilometer metro line in length in Brisbane, of which 5.9 kilometers run in a tunnel under the city's river. In addition, it covers the execution of six stations, four of them underground and two on the surface.

The line will cross the Brisbane, since it will run between the Dutton Park, south of the financial center, and the station of Rome, in the North.

Triple contract

The group will be responsible for this project through a triple contract. On the one hand, three subsidiaries of Cimic lead the consortium that has been made with the design, financing and construction of the line. Its partners in the work will be DIF, Ghella and BAM International.

In parallel, the Australian company, also through two of its companies, will also be responsible for undertake the installation of all the systems of the line, such as signaling and telecommunications. Subsequently, once the line is in service, expected in 2024, Cimic, through its UGL subsidiary, will take care of its maintenance during the next 24 years.

With the construction of this historic infrastructure, Queensland seeks reduce traffic congestion in the city of Brisbane and make it more "habitable", as indicated by the public entity promoting the project.

In addition, this firm has calculated that during five years that the works last Some 7,700 jobs will be generated, with an average of 1,500 jobs per year and a maximum of 3,000 at the peak of the highest intensity of jobs.

Australia, a strategic market

ACS has added this project to the outstanding portfolio of works that has in Australia, a strategic market for the company and the second for the group's income, in which in recent months it has achieved outstanding contracts for similar works.

At the end of last year the group became, together with the Spanish company CAF, with the construction and subsequent operation and maintenance of the Parramatta tram, city near Sydney for about 1,520 million euros and, later, in February of this year, both achieved the improvement of regional transport in Dubbo, to the Northwest of Sydney, for others about 792 million euros.

In parallel, at the beginning of this year ACS achieved another historical work in its first market, U.S, the construction of a set of tunnels and bridges in the highway I-64 Hampton Roads of Virginia (United States) valued at 3,000 million euros.

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