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Transactions - AUGUST 4, 2017

CIMIC’s CPB Contractors wins $215m Queensland roads project

by Released

CIMIC Group company, CPB Contractors, has been selected by the Department of Transport and Main Roads to deliver Stage 1 of the $497.3 million Mackay Ring Road project in Queensland.

The construct only contract will generate revenue to CPB Contractors of approximately $215 million.

Stage 1 works include an 11.3-kilometer (7.01-mile) highway to divert traffic from the Bruce Highway at Stockroute Road (west of Mackay) to the Bald Hill Road intersection (north of Mackay); 13 bridge structures; two underpasses for local traffic; and two dual lane roundabouts.

The Mackay Ring Road project will reduce the frequency of heavy freight vehicles and hazardous loads travelling through the city centre, and significantly improve the operation of local, regional and national road networks.
Stage 1 construction is expected to commence in mid-2017 and be completed by late 2019.

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