CIMIC's CPB and UGL to work on QLD huge rail project

Company News

by Rachael Jones

CIMIC Group's (ASX:CIM) construction business, CPB Contractors and UGL (ASX:UGL) have been selected to work Queensland's biggest ever public transport project - the Cross River Rail project.

They are the preferred contractors by the Queensland Government in an Alliance partnership to deliver the rail, integration and systems package for the $5.4 billion project.

The package will deliver the design, supply and installation of the supporting rail systems and brownfield works to integrate Cross River Rail into the wider Queensland Rail train network.

This includes an upgrade of the existing Exhibition Station and signalling and telecommunication works across the project.

Shares in CIMIC Group's (ASX:CIM)

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.