Transurban selects builder for West Gate Tunnel Project

Company News

by Jessica Amir

Transburban Group (ASX:TCL) has announced CPB Contractors John Holland Joint Venture as its preferred builder for the West Gate Tunnel Project.

The group selected the Joint Venture for the city-shaping project that will improve both the transport and livability for Victorians.

Formerly known as the Western Distributor, the West Gate Tunnel Project will deliver a vital second river crossing for Melbourne and relieve pressure from the city’s busy M1 corridor.

The toll road developer and manager says the project will also improve safety, reduce congestion and take thousands of trucks off the local streets.

Shares in Transburban Group (ASX:TCL) are currently about 1.1% higher to $11.80
 

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