Company News Summary
Transurban Group Announces Agreement Reached on Inner City Bypass Upgrade Project
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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