CIMIC Group company, CPB Contractors, has achieved contractual close on Victoria’s multi-billion dollar West Gate Tunnel. CPB Contractors was selected by Transurban and the State Government of Victoria as the preferred contractor for the project in April 2017, in a 50/50 joint venture with John Holland.
The design and construct contract will generate revenue to CPB Contractors of approximately $2.49 billion. Major construction work is expected to start in early 2018 with the project scheduled to open to traffic in 2022.
CIMIC Group CEO Michael Wright said, “Delivering complex roads and transport projects are core capabilities for CIMIC and CPB Contractors. We are the largest tunneling contractor in Australia, with considerable experience in creating transforming infrastructure such as the West Gate Tunnel. We are privileged to be working with Transurban and the Victorian Government to deliver this exciting project that is so integral to the State’s vision for sus