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Transurban Group Announces Agreement Reached on Inner City Bypass Upgrade Project

21 Mar 2017  |  12:22:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Agreement Reached on Inner City Bypass Upgrade Project

Transurban Group announced that an in-principle agreement has been reached with Brisbane City Council to deliver the $60m Inner City Bypass (ICB) Upgrade project. Under the agreement, Transurban Queensland will finance and project manage the delivery of the design and construction phases, and provide operations, routine maintenance and incident response services once the upgrade is completed. The ICB is adjacent to its Legacy Way, Clem7, Go Between Bridge and AirportlinkM7 assets, allowing it to deliver a high standard of operations throughout the corridor to improve traffic flows.

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