DIF in NSW Regional Rail PPP win

14 February 2019 - 12:00 am UTC

New South Wales confirmed on Thursday (14 February) that the Momentum Trains consortium had been awarded the AUD 2.8bn (USD 2bn) Regional Rail PPP, as foreshadowed.

The consortium includes CAF Investment Projects, CIMIC subsidiaries Pacific Partnerships, CPB Contractors and UGL as well as DIF Infrastructure V Coöperatief.

The project – which includes a capital cost of AUD 1.26bn for the new train fleet – involves designing, building, financing and maintaining new trains (artists impression pictured) for 15 years. The deal has reached a contractual close but is yet to reach a financial close.

A new train maintenance facility at Dubbo, about 400km north-west of Sydney, is also being built by the consortium.

There will be 117 new carriages forming 10 regional intercity trains, nine “short regional trains and 10 long regional trains”, according to a government statement.

These will replace 60 decades-old XPT trains that operate between Sydney, Melbourne and Brisbane as well as from Sydney to regional NSW centres of Dubbo, Grafton and Casino. 

It will also replace 50 XPLORER and Endeavour trains that run to smaller centres in regional areas of NSW as well as between Sydney and Canberra.

The first trains are expected to be running from 2023. 

 

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