The first stage 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 Pacific Partnerships, John Holland, Mitsubishi Corporation, Aberdeen Infrastructure Investments, CPB Contractors, Deutsche Bahn International, 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 Capital Metro will be a transformational project for the ACT.
“Capital Metro will create enormous opportunity to regenerate the city through the delivery of public transport that supports a growing economy and population. We are proud to be working to connect people to their jobs, homes and services,” he said.
“The light rail system will also create and inspire new spaces for the community to enjoy with significantly more green space and a revitalised civic centre.”
Executive General Manager for Rail, Richard Stewart, said the project showcases John Holland’s unique capability across the rail industry, from construction to operations.
“Securing this project adds to John Holland’s proud history of working in the ACT, with projects such as the construction of Parliament House. Capital Metro provides us the opportunity to build upon this legacy,” he said.
“John Holland is uniquely placed to work on the delivery of Canberra’s light rail network and looks forward to participating across the entire project life cycle – finance, delivery, operations and maintenance.”
Construction will commence in the coming months, with operations expected to begin in late 2018.
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 International, 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.
- ENDS -
For further media information:
John Holland External Communications Manager
Mobile: 0402 398 545