Maxi contract for Webuild in Australia. The Australian Rail Track Corporation has in fact nominated the Regionerate Rail consortium – participated by the Plenary Group, Clough, GS Engineering and Construction, and Webuild – as the preferred bidder (preferred bidder) for the construction of the Gowrie-Kagaru railway section.
This is a major section of the Inland Rail project, which will pass through the state of Queensland. The contract has a total value of more than A$5 billion, equal to €3,27 billion, for the design and construction, of which approximately 1,3 billion euro stake in Webuild.
After the announcement, in Piazza Affari, the stock gains 1,3% at 1,628 euro.
The Gowrie-Kagaru route
On the Gowrie-Kagaru the consortium will deal with the construction and modernization ofthe 128km of railway line. This is the most complex section due to the type of geographies crossed by the PPP Inland Rail project, the 1.700km railway line which will connect Brisbane, in the State of Queensland, to Melbourne, in the State of Victoria. The contract, to be performed under the Public-Private Partnership regime, also provides for a maintenance period for 25 years, following the completion of the work.
Pietro Salini's comment
Pietro Salini, CEO of Webuild, he declared: 'For us, Australia represents one of the most strategic markets on a global level, due to the potential it offers in the sector of sustainable mobility and renewable energy. Webuild's involvement in Inland Rail, especially for the technically more complex component, is a source of great pride for us, because it tells the reputation that the Group has been able to build with its people day by day in the country, in one of the most challenging markets in the world from the point of view of quality and the skills required".
