CIMIC Group
(ASX:CIM) companies CPB Contractors and UGL have been selected to deliver the line-wide works package in support of the Sydney Metro City and Southwest Project, Australia's biggest public transport project.
The NSW Government has awarded the contract providing revenue of $1.376 billion.
Works are due to commence this year and are scheduled to conclude in 2024.
CPB Contractos is currently delivering contracts on Metro City and Southwest and Sydney Metro Northwest, WestConnex M4E and New M5, and UGL’s work includes tunnel fit-outs for the Sydney Metro Northwest and Epping to Chatswood projects.
Shares in CIMIC Group
(ASX:CIM) are trading 0.21 per cent lower to $42.23.
