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Hochtief wins Melbourne ring road upgrade

30 Oct 19 Hochtief subsidiary CPB Contractors has won a contract to upgrade a section of the M80 ring road in Melbourne, Australia.

The design and construct contract will generate revenue to CPB Contractors of approximately AU$331m (拢176m).

The upgrade, which is funded by the Australian and Victorian governments, is designed to increase capacity, reduce congestion and enhance safety for drivers.

CPB Contractors managing director Juan Santamaria said: 鈥淲e have a strong construction presence in Victoria and will be leveraging our extensive roads and civil construction experience to safely and successfully deliver this important freeway upgrade.鈥 He added that the company has made a commitment to meet and exceed government policies such as 鈥楲ocal Jobs First鈥 and the Social Procurement Framework.

Tasks include the widening and realignment of ramps, the construction of additional lanes, structural works, installation of a 鈥榮mart鈥 freeway management system, street lighting, traffic barriers, noise walls and landscaping.

Construction is scheduled to start in early 2020 and be completed in early 2023.

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