Abigroup appointed to build Victoria's new Peninsula Link
15 January 2010
Abigroup, as part of the Southern Way consortium with Bilfinger Berger and the Royal Bank of Scotland, has been appointed to design and construct the new $759 million Peninsula Link.
The project involves the construction of 27 kilometres of motorway, with two lanes in each direction, between the EastLink toll road in Melbourne’s eastern suburbs and the Mornington Peninsula Freeway at Mt Martha.
The project is a Public Private Partnership (PPP) project to design, construct, finance, operate and maintain the road and is the first road PPP in Australia which will be toll-free and based on an availability charge.
Abigroup’s Managing Director David Jurd said, “Abigroup is delighted to be appointed to design and build this major new road which is predicted to reduce travel times by up to 40 minutes compared to the current route.
“Over the past few years Abigroup has completed a significant proportion of new road building in Victoria and only last month as part of the Monash Alliance we completed the highly successful upgrade of the M1 Freeway in Melbourne on schedule and within budget. The new Peninsula Link enables us to roll our project teams on to continue the great work”