Ventia wins Asset Mngt WHT & SYD Harbour Tunnels contract
Ventia Services Group Limited
ABN 53 603 253 541
Level 8, 80 Pacific Highway
North Sydney NSW 2060
AUSTRALIA
ventia.com
ASX and NZX Release
11 April 2022
Ventia announced as Asset Management Services provider for the
Western Harbour Tunnel and Sydney Harbour Tunnel
Ventia has been awarded the Asset Management Services contract for the Western Harbour
Tunnel and Sydney Harbour Tunnel by Transport for NSW (Transport).
The base contract is an initial fifteen-year term with two ten-year extension options. The base
contract is expected to generate approximately $450 million in revenue for Ventia.
Under the contract, Ventia will provide asset management, operations and maintenance
services across both tunnels. The contract will commence in early April 2022.
Ventia will work with Transport to facilitate an effective transition of existing operations of the
Sydney Harbour Tunnel, before operational commencement from 1 September 2022.
For the Western Harbour Tunnel, Ventia will provide a range of services during the
procurement, design and construction phases. These services include whole of life design
review, lifecycle cost modelling, and recommendations on reliability, availability,
maintainability and supportability of the asset. Ventia will commence asset management,
operations and maintenance services on the Western Harbour Tunnel following its
completion.
Ventia Group CEO Dean Banks said Ventia is pleased to build on its long-standing
relationship with Transport by providing critical asset management and essential infrastructure
services to these two key tunnels.
“Ventia has provided services to Transport for over 20 years, across a range of projects. We
will leverage our capabilities and existing tunnel experience to redefine service excellence on
these two key essential infrastructure assets,” said Dean.
Ventia is one of the largest providers of road network, motorway and tunnel operations and
maintenance services in Australia and New Zealand. Our integrated transport services
support our clients with reliable and safe journey management, meaning safety and efficiency
for the driving public.
-Ends-
Ventia Services Group Limited
ABN 53 603 253 541
Level 8, 80 Pacific Highway
North Sydney NSW 2060
AUSTRALIA
ventia.com
ASX and NZX Release
For further information, please contact:
Investors Media
Chantal Travers Sarah McCarthy
General Manager Investor Relations General Manager Brand, Marketing & Communications
chantal.travers@ventia.com sarah.mccarthy@ventia.com
+61 428 822 375 +61 400 993 542
About Ventia
Ventia is a leading essential infrastructure services provider in Australia and New Zealand, proudly providing the services that
keeps infrastructure working for our communities. Ventia has access to a combined workforce of more than 35,000 people,
operating in over 400 sites across Australia and New Zealand. With a strategy to redefine service excellence by being client-
focused, innovative and sustainable, Ventia operates across a broad range of industry segments, including defence, social
infrastructure, water, electricity and gas, resources, telecommunications and transport.
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