$200M LIGHT RAIL EXTENSION GETS UNDER WAY

Written on the 29 April 2016 by Nick Nichols

$200M LIGHT RAIL EXTENSION GETS UNDER WAY

THE second stage of the Gold Coast light rail is off to an immediate start this month after GoldLinQ awarded the $200 million construction contract to CIMIC Group (ASX:CIM).

The company says construction will be due for completion in late 2017, in line with expectations that it will be ready for the Commonwealth Games.

The 7.3km extension will link the city's popular tram network to heavy rail, tracking a route from Gold Coast University Hospital and along Smith Street before heading north along the M1 to Helensvale railway station.

The second stage is seen as critical to meeting the increasing demand for public transport and to support the Gold Coast 2018 Commonwealth Games.

Gold Coast Mayor Tom Tate has already indicated that during his new term of office he will be pushing for the third stage to connect with Coolangatta Airport. The airport revealed this week that it has allocated land for the light rail as part of its 20-year master plan.

The light rail is expected to help meet the Gold Coast's transport needs during the 2018 Commonwealth Games which will attract 6500 athletes and team officials, 16,000 workers and volunteers, and 1.5 million ticketed spectators.

Gold Coast trams will be able to transport up to 3000 people an hour from Helensvale into Southport, Surfers Paradise and Broadbeach.

"The Queensland Government's commitment to delivering stateoftheart public transport has provided us with the opportunity to design and construct this significant light rail infrastructure," says CIMIC Group's CEO Marcelino Fernández Verdes.

"Our capability and major project experience in the rail sector provide the certainty of delivery that is necessary for the expansion of the transport network in one of the fastest growing cities in Australia."

CIMIC' subsidiary CPB Contractors has been awarded the contract, and it has vowed to focus on creating local job and supplier opportunities during the construction phase.

"We continue to work with GoldLinQ to achieve innovative design and costeffective construction solutions for this project, to the benefit of the people of Queensland," says CPB Contractors' managing director Román Garrido.

"In addition, our team will engage with local workers and businesses to develop increased job and work opportunities as the project progresses."


Author: Nick Nichols

Latest News

BELLAMY'S FINDS EXPORTING BABY FORMULA INTO CHINA IS NO CHILD'S PLAY

BELLAMY'S (ASX: BAL) shares have suffered a 40 per cent drop in value today after the company hit a regulatory...

BRISBANE WATCH BRAND ADINA AIMS FOR ICONIC

ADINA watches is at a turning point in its history, 45 years after being founded by Robert 'Bob' Menzies i...

WHY YOU SHOULD CARE FOR YOUR BODY AS MUCH AS YOUR BUSINESS

ENTREPRENEURSHIP is a busy business. It can be all-consuming, but it is important not to neglect your health Y...

BULLETS BACK IN THE BUSINESS COMMUNITY

ALTHOUGH new to the current south-east Queensland sporting landscape, the Brisbane Bullets have a rich basketball ...

Related News

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

BIG W CEO QUITS AFTER 11 MONTHS

SALLY MacDonald has resigned as chief executive of BIG W ending her tenure at the helm of the struggling discount ...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter