MADRID, April 3, 2014 /PRNewswire/ --
Ferrovial and Acciona have been selected to design and build a 19.5 kilometre section of the Pacific Highway in New South Wales. The project is Ferrovial's first major infrastructure contract in Australia.
Ferrovial, a leading operator of infrastructure and cities, in partnership with Acciona, a global provider of renewable energy, infrastructure and water services, have been announced preferred bidders for the upgrade of a 19.5 km section of the Pacific Highway between Warrell Creek and Nambucca Heads.
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The Pacific Highway is a heavily-transited route along the eastern seaboard in Australia, linking Sydney, its largest city, to Brisbane, the third-largest. The highway is being upgraded and expanded as part of the Federal and State Government's plan to complete this link to a four-lane divided highway.
This Design and Construction Project will be Ferrovial's first major infrastructure project in Australia, where it is also bidding for several infrastructure projects. More than 15,000 motorists travel on the Warrell Creek to Nambucca section of the Pacific Highway every day.
The upgrade of this heavily-travelled section is being co-financed by the Australian and New South Wales governments. The project includes the design and construction of the 19.5 km section, including new bridges over the Nambucca river at Macksville and Warrell Creek, and two new grade separated interchanges. Following a detailed design phase, construction is expected to commence in the second half of the year 2014.
This contract strengthens Ferrovial international business. The company is carrying on major infrastructure projects in the United States, where it is developing the LBJ and North Tarrant Express highways projects in Texas under the 'managed lanes' scheme. In Canada, the company is in charge of the expansion of the 407 ETR in Toronto. Ferrovial is also playing a key role in the development of Crossrail, the project that proposes to increase by 10% London's rail capacity through the construction of 118 kilometres of infrastructure.
About Ferrovial
Ferrovial, a leading operator of infrastructure and cities, is committed to developing sustainable solutions. The company has 65,000 employees and a presence in over 25 countries. Its main business areas are: Services, Toll Roads, Construction and Airports. It is a member of Spain's blue-chip IBEX 35 index and is also included in prestigious sustainability indices such as the Dow Jones Sustainability Index and FTSE4Good. Ferrovial manages Highway 407 in Toronto, Heathrow Airport in London, Chicago Skyway in USA, and the Ausol toll road in Spain, among other assets. It also provides municipal services in the United Kingdom and Spain.
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