Cimic Group company CPB Contractors has been selected to deliver upgrades to two major regional highway projects.
The projects, worth a total of $164 million in revenue to CPB Contractors, are the:
- South Gippsland Highway Upgrade between Koonwarra and Meeniyan in Victoria. This project is funded by the Victorian and Australian governments and will involve the realignment of the highway to improve driver safety and provide more reliable journeys.
- Mackay Northern Access Upgrade at Mackay Queensland. This project is funded by the Australian and Queensland governments and will target congestion on the Bruce Highway. The project will improve traffic efficiency by creating additional capacity north of Mackay and be more sustainable to cope with population growth and increases in traffic volumes over the years to come.
Cimic Group Chief Executive Officer Juan Santamaria said: “Through CPB Contractors, the Cimic Group has a long track record of delivering high-quality road projects. These highway upgrades will provide significant safety and economic benefits for regional communities.”
CPB Contractors Managing Director Diego Zumaquero said: “CPB Contractors continues to play a key role in delivering vital infrastructure for regional communities across Australia. We’re committed to working closely with local communities and the governments of Victoria and Queensland to deliver these important upgrades safely and efficiently.”
Both projects are underway, with completion for the South Gippsland Highway Upgrade scheduled for 2022 and for the Mackay Northern Access Upgrade in 2022.
Source: Hochtief AG
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