The Western Roads Upgrade took the awards for Best Road/Bridge/Tunnel Project
and Best Financial Structure at the Asia-Pacific PPP Awards 2018.
Jose Espinosa, CEO of Netflow Western Roads Upgrade, said: “We are very proud of these awards, not only because it marks us as Australia’s top infrastructure project — which opens the door to other projects here — but also because it is the first project since the financial crisis to have been part-funded with bonds.”
The Western Roads Upgrade is the largest single investment project in arterial roads in the State of Victoria (Australia) and the first availability-style PPP project in Australia of this kind.
The AUD 1.8 billion project includes 8 road-widening and upgrade works as well as 45 projects of bridge and pavement rehabilitation works, coupled with a program for end-to-end maintenance of over 800 kilometers of lanes in Western Melbourne for 20 years.
See the full list of prize-winners here.
26/11/2019
Final Section of I-77 Express Highway Opened
The southern section of I-77 Express from I-485 to I-277 in uptown Charlotte was opened by I-77 Mobility Partners last Saturday November 16. With this opening, drivers are now able to use all 26-miles of I-77 Express.
Read more10/09/2019
Cintra consortium inaugurates Toowoomba bypass in Australia following an investment of 1.1bn euros
Covering more than 41 kilometers, the final stretch of the Toowomba city bypass has been opened. This new toll road, the largest road project ever undertaken in the state of Queensland, is now fully open to traffic. The road will improve traffic conditions by reducing heavy goods vehicle traffic in the centre of town.
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