Downer JV awarded Parramatta Light Rail contract
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Media/ASX and NZX Release
20 December 2018
DOWNER JV AWARDED PARRAMATTA LIGHT RAIL CONTRACT
Downer EDI Limited (Downer) announced today it had been selected by the New South Wales Government
to build Stage 1 of the Parramatta Light Rail project in a 50:50 joint venture with CPB Contractors.
The design and construct Infrastructure Works contract will generate revenue to Downer of $420 million.
The Chief Executive Officer of Downer, Grant Fenn, said Downer was the leading provider of light rail
services in Australia.
“We are the Managing Contractor for the Newcastle Light Rail project and, through our Keolis Downer joint
venture, we operate and maintain Yarra Trams in Melbourne and G:link on the Gold Coast,” Mr Fenn said.
“We look forward to delivering this major project which will see the growing region of Parramatta become
better connected through the improved accessibility that light rail brings.”
Mr Fenn said Downer delivered multi-disciplined light rail, rail, roads and infrastructure services to its
customers in the transport sector in Australia and New Zealand.
“Our population will continue to grow and our cities, including Parramatta, will become increasingly
urbanised,” Mr Fenn said. “Downer will continue to work closely with our customers, including the NSW
Government, to deliver safe and reliable services that meet the future needs of our communities.”
Stage 1 of the Parramatta Light Rail will commence construction in 2019 and connect the Parramatta CBD to
the Westmead Precinct, new Bankwest Stadium, the new Powerhouse Museum and cultural precinct on the
Parramatta River, the Rosehill Gardens Racecourse and three Western Sydney University campuses at
Westmead, Parramatta and Rydalmere. It will also traverse the Parramatta North Growth Centre, the
Camellia Town Centre, and the private and social housing redevelopment at Telopea.
Parramatta Light Rail is expected to begin passenger services in 2023.
About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the
heart of everything it does. It exists to create and sustain the modern environment and its promise is to work
closely with its customers to help them succeed, using world-leading insights and solutions to design, build
and sustain assets, infrastructure and facilities. Downer employs approximately 56,000 people across more
than 300 sites, primarily in Australia and New Zealand, but also in the Asia-Pacific region, South America
and Southern Africa. It also owns 88 per cent of Spotless Group Holdings Limited. For more information, visit
downergroup.com.
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOWNE
R
www.downergroup.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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