Balfour Beatty is awarded a major contract in Melbourne, Australia as part of the NetworX Alliance team by Victoria’s Road Authority (VicRoads). The Alliance includes international infrastructure group Balfour Beatty through its Rail division and Professional Services division, Parsons Brinckerhoff.
The £76.5 million (A$116 million) contract will remove a pivotal rail/road level crossing in Melbourne, and aligns with Balfour Beatty’s strategy to develop in growth geographies and market sectors of which Australia and rail are both key elements.
Balfour Beatty Chief Executive, Andrew McNaughton, welcomed the news; “This is an excellent demonstration of the infrastructure expertise Balfour Beatty as a whole can bring to a complex project, utilising skills gathered from across our global business.”
Guy Templeton, Country Manager for Australia, commented; “This is the first Australian contract secured under the new country model structure and highlights the effective combination of the design skills of Parsons Brinckerhoff working together with project delivery expertise of our global rail business. We look forward to developing this strategy further within the Australian and New Zealand markets.”
The project to remove the level crossing will involve lowering the existing rail line beneath the road, which will reduce congestion, improve safety and cut journey times. A new station with transport interchange and associated precinct areas will be constructed as part of the project.
NetworX is an alliance consisting of Balfour Beatty Rail, Parsons Brinckerhoff, McConnell Dowell and Beca. The team will work alongside VicRoads, Public Transport Victoria (PTV) and Metro Trains Melbourne (MTM) to design and build the project.
Work is due to start in May 2013 and will be completed by the end of 2014.
Analyst/investor enquiries:
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Balfour Beatty plc
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basak.kotler@balfourbeatty.com
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Notes to editors:
Balfour Beatty (www.balfourbeatty.com) is an international infrastructure group that delivers world class services essential to the development, creation and care of infrastructure assets; from finance and development, through design and project management to construction and maintenance.
Our businesses draw on more than 100 years of experience to deliver the highest levels of quality, safety and technical expertise to our clients principally in the UK, the US, Southeast Asia and the Middle East. We continue to develop our business in key growth markets in South Africa, Australia, Canada, Brazil and India.
With proven expertise in delivering infrastructure critical to support communities and society today and in the future, our key market sectors include transportation (roads, rail and aviation), power and energy, mining, water and social infrastructure such as hospitals and schools.
Balfour Beatty employs 50,000 people around the world.