Transurban announces completion of Monash freeway project

Company News

by Anna Napoli

Transurban (ASX:TCL) has announced another project milestone with the completion of the Monash freeway announced by the Victorian Government yesterday.

The toll road operator says new lanes opened on the freeway in May, two months ahead of schedule.

Transurban said the project’s completion extends the managed motorway system along the M1 corridor to improve traffic flow and safety.

CEO Scott Charlton said the completion of the freeway upgrade was a significant milestone and testament to the partnership approach to project delivery.

Shares in Transurban (ASX:TCL) closed flat at $12 on Friday


 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.