Ghella preferred for Cross River Rail PPP Package
04/04/2019 - 11:15
Ghella, as part of the Pulse consortium, which is led by CIMIC group, has been selected by the Cross River Rail Delivery Authority (CRRDA) as the preferred proponent to deliver the Tunnel, Stations and Development (TSD) Public Private Partnership package of Brisbane’s Cross River Rail Project.
The Pulse consortium comprises Pacific Partnerships, CPB Contractors, UGL, Ghella, Ghella Investments & Partnerships, BAM PPP PGGM, BAM International and DIF.
The Pulse consortium will deliver tunnelling works, new underground stations and ongoing maintenance services for the $5.4 billion Cross River Rail project.
Ghella Investments & Partnerships will provide equity finance alongside Pacific Partnerships, BAM PPP PGGM, and DIF.
Ghella will deliver the design and construction in a joint venture with CPB Contractors and BAM International with UGL delivering the mechanical and electrical (M&E) works.
Ghella Investments & Partnerships President Federico Ghella said: “We are proud to have the opportunity to work with the Cross River Rail Delivery Authority on this important project. Together with ourconsortium partners, with whom we share the same values, we willsafely and sustainably deliver another state of the art infrastructure for the city of Brisbane and its people.”
Ghella CEO Enrico Ghella said: “Following our successful completion of the Legacy Way project in 2015, it is a great source of pride for Ghella to come back to Brisbane. Drawing on our skills and capabilities in underground works, we look forward to delivering high quality solutions as part of an experienced, knowledgeable and dynamic JV”.