Suburban Rail Loop East Rail Line Tunneling
Sector: Oil and Gas • Location: Melbourne, Victoria, Australia
Source: The Age
ACCIONA, as part of a joint venture with CPB Contractors and Ghella, has been awarded a $3.6 billion contract to tunnel the first half of the Suburban Rail Loop East rail line in Victoria, Australia. The project is part of Victoria's Big Build infrastructure program and is on track to start tunneling work in September 2026. Despite high oil prices increasing the cost of concrete, the project cost
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Status
Original status | awarded |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | ACCIONA, as part of a joint venture with CPB Contractors and Ghella, has been awarded a $3.6 billion contract to tunnel the first half of the Suburban Rail Loop East rail line in Victoria, Australia. The project is part of Victoria's Big Build infrastructure program and is on track to start tunneling work in September 2026. Despite high oil prices increasing the cost of concrete, the project cost is manageable within the budget. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
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Location
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Source
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Data quality score | 100% |
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