Procurement And Tender News

Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.

Hong Kong : NRT Consortium and MTR Awarded Sydney Metro Contract

Publish Date : 10-Dec-2019

MTR Corporation, as a shareholder and project leader in the Northwest Rapid Transit Consortium (NRT), has reached contractual close for the extension to the existing NRT Public Private Partnership (PPP) contract on Sydney Metro.

The contract, which was awarded in 2014 by the New South Wales Government, has been extended to deliver a seamless customer experience on the new metro, with NRT to operate and maintain the full metro line from Tallawong to Bankstown - in total 66 kilometres of rail and 31 metro stations by 2024. As part of the Sydney Metro in Australia, the Metro North West Line, which commenced passenger service on 26 May 2019, will be extended by 30 km to the City and Southwest (SMCSW).

The NRT PPP contract package includes A$1.7 billion for new metro trains and core rail systems as well as a A$2 billion operations and maintenance component for NRT to operate the combined Metro North West and City and Southwest lines until 2034. MTR will invest in the project and take the lead in the project works and railway operations of both the City and Southwest and the Metro North West Line as a combined single line from 2024.

The Corporation has already participated and invested in the project delivery phase of the Metro North West Line. MTR, together with other members of the NRT consortium, is now successfully operating the 36-km Metro North West Line, which is Australias most technologically advanced fully automated railway service, through its majority-owned subsidiary Metro Trains Sydney.

The Metro North West Line has achieved a 95% customer satisfaction score in its initial period of operation and has carried more than 11 million passenger journeys in its first five months of operations.

Sydney Metro is transforming travel in one of the worlds great cities with its fully automated trains and best-in-class railway technology setting new standards in Australia for safety, reliability and customer service. MTR is proud and honoured to have the opportunity to further participate in this project and extend the world-class Sydney Metro service from the Northwest into the CBD via the new rail tunnels beneath Sydney Harbour and then beyond to Bankstown in the Southwest, said Dr Jacob Kam, Chief Executive Officer of MTR Corporation.

Go to previous page

  • Whats app