The project includes design and construction of a 12 km light rail route from the fast growing area of Gungahlin to the City with 13 stops, depot, road, signalling and preparatory works and the ongoing operation and maintenance of the light rail system.
The Canberra Metro consortium, formed by John Holland, Pacific Partnerships, Mitsubishi Corporation, Aberdeen Infrastructure Investments, CPB Contractors, Deutsche Bahn Engineering & Consulting, CAF and the Bank of Tokyo – Mitsubishi UFJ, Ltd., will design, construct, maintain and operate the project for 20 years.
Chief Executive Officer, Glenn Palin, said it will be exciting to see construction of Capital Metro get underway.
“We look forward to supporting Canberra in the introduction of this 21st century service. The city of Canberra is changing – the way people move and live is also changing, and light rail will bring opportunity to create new places, new conveniences and a better lifestyle,” Mr Palin said.
“We’re proud of our rail capability. John Holland is the largest rail contractor in Australia. The Capital Metro project will complement our work with Metro Trains Melbourne.”
NSW/ACT Regional General Manager, Scott Olsen, said John Holland looks forward to participating across the entire project life cycle – finance, delivery, operations and maintenance.
“The project will be delivered by locals for locals, building local capability in engineering, construction, rail systems, and project management. The majority of jobs will be sourced locally during the construction phase and 75% of jobs will be sourced locally during the operational phase,” Mr Olsen said.
Construction will commence in the coming months, with operations expected to begin in early 2019.
John Holland will invest in equity funding along with Pacific Partnerships, Mitsubishi Corporation and Aberdeen. John Holland will also provide Operations and Maintenance services for 20-years in partnership with Pacific Partnerships and Deutsche Bahn Engineering & Consulting, and deliver the design and construction in a joint venture with CPB Contractors. CAF will supply and maintain the light rail vehicles. Bank of Tokyo-Mitsubishi UFJ, Ltd. is financial advisor with funding provided by local and international banks.