Salini Impregilo enters the Australian market winning the Sydney “Skytrain contract” worth $340 aud million

PRESS RELEASE - Rome – Milan, December 18, 2013

The new contract takes 2013 acquisition over €12 mld (budget €6,4 mld)

December 18, 2013 - Salini Impregilo, through its subsidiary, has been awarded its first contract in Australia to design and build the “Skytrain” viaduct and other surface construction works, an important part of the North West Rail Link in Sydney.

The contract, worth approximately $ 340 AUD million, equivalent to € 220 million, will extend over a total distance of approximately 6.2km and will include a 4.6km viaduct and a 270m long cable-stayed railway bridge over a major arterial road.

The completion of the contract is expected to be early 2017.

The awarding of the contract was marked today at the site of the future Bella Vista railway station in the presence of: New South Wales Premier Barry O’Farrell; New South Wales Minister for Transport Gladys Berejiklian; North West Rail Link Project Director Rodd Staples; Consul of Italy in Sydney Sergio Martes; and Salini Impregilo management.

The North West Rail Link is Australia’s largest public transport infrastructure project currently under construction and the biggest public transport project in Sydney since construction of the world-famous Sydney Harbour Bridge almost one century ago.

The NWRL project includes eight new railway stations and 4,000 commuter car parking spaces and is expected to open to customers before the end of 2019. It is Australia’s first fully-automated rapid transit rail system and the first stage of a new rapid transit network for Sydney.

The Skytrain contract brings the total value of 2013 new contracts (Argentina, Brazil, Bulgaria, Chile, Italy, Kazakhstan, Libya, Namibia, Poland, Romania, Qatar, Sierra Leone, Turkey and United States) to €12 billion compared to the budget of €6.4 billion including 3 mega projects: the Riyadh metro, Doha metro and the Expressway Libya.

With this new award, the Group reaffirms its leadership in the transport infrastructure sector and celebrates its return to Australia after nearly 25 years. This award demonstrates the excellent prospects to develop our business as well as the strategic importance of Australia for the Group’s future.

 

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