This is the largest railway project in the country for 100 years. It consists of a high productivity freight corridor between Melbourne and Brisbane, according to the newspaper elEconomista.es.
The contracts to which the Spanish companies aspire are worth an estimated AU$ 3.500 billion (some €2.15 billion at the current exchange rate). This is included in the budget foreseen for the whole project totalling AU$ 10 billion (some €6.1 billion).
ACS is bidding through the Capstone consortium, made up of its Australian subsidiaries CPB Contractors, UGL and Pacific Partnerships, the Italian company Ghella and the Dutch infrastructure fund DIF. Meanwhile, the G2Konnect consortium is made up of Acciona, Ferrovial and its concessionaire Cintra, and the Australian fund Macquarie. So they are repeating an alliance already created for other projects in Australia.
The third competitor is Regionerate Rail, composed of Clough, GS Engineering and Construction, Webuild (the new name for Italy’s Salini Impregilo) Lend Lease Services and Plenary.