Company News Summary | 22 Dec 2021
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CIMIC Group Advises on CPB Been Selected For Sydney Metro - Western Sydney Airport
11:55:00 | Associate analysts
Original annuncemenet:CIMICs CPB SELECTED FOR SYDNEY METRO WESTERN SYDNEY AIRPORT
CIMIC Group advised that CPB Contractors, in JV with Ghella, has been selected by the NSW Government to deliver the Sydney Metro - Western Sydney Airport Station Boxes and Tunnelling Works (WSA-SBT). The $1.8bn contract, funded by the Australian and NSW governments, will generate revenue of $1.35bn to CPB Contractors. The new metro railway runs from St Marys through to the Western Sydney International (NancyBird Walton) Airport and the Western Sydney Aerotropolis. It will provide a public transport service to the new airport and make a lasting economic contribution to Sydney's west.
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