CIMIC Group's CPB Contractors has been selected, in joint venture, as the partner to work with the Australian Rail Track Corporation for the delivery of Inland Rail's southern civil works program.
The Australian Government's Australian Rail Track Corporation selected the ACACPB Joint Venture, a 50-50 joint venture formed by CPB Contractors and ACCIONA Construction Australia, under a Collaborative Framework Agreement (CFA) for the planning and development of civil works between Narrabri and Narromine, in northern New South Wales.
Revenue to CPB Contractors will be confirmed upon execution of the design and construct works contracts following the CFA phase.
CIMIC Group Executive Chairman and Chief Executive Officer Juan Santamaria said: 'Inland Rail is crucial for Australia's growing population, providing a fast freight link between regional businesses and markets. We're proud to contribute to this significant project - creating an asset for generations to come, cost-effectively, safely and collaboratively.'
CPB Contractors Managing Director Jason Spears said: 'CPB Contractors will use its extensive regional experience to ensure that opportunities for local suppliers are maximised and that jobs for local workers are created. We are delivering major rail projects across Australia and will work closely with the ARTC to ensure that these works are delivered to schedule.'
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