Transforming the public transport network in South-East Queensland

    Infrastructure

    Transforming the public transport network in South-East Queensland

    South-East Queensland’s largest infrastructure project.

    Sector Infrastructure
    Sub-sector Transport
    Location Australia

    Opportunity

    South East Queensland is growing, with an extra 1.9 million people expected by 20361. To accommodate this rising population, the region needed a rejuvenated rail network to ease congestion and improve accessibility for those travelling to and from Brisbane’s CBD.


    Approach

    Macquarie acted as exclusive financial adviser, Over Station Development adviser and debt arranger to the Pulse consortium2 for the Cross River Rail (CRR) Tunnel, Stations and Development public private partnership (PPP).

    Outcome

    The Tunnel, Stations and Development PPP is the largest of three packages as part of the broader CRR project and will reduce road users on key feeder roads into Brisbane.

    10.2km of new rail

    including 5.9km of twin tunnels and four new underground stations in Brisbane

    7,700 jobs

    Will support up to 7,700 jobs during its 5-year construction period

    Turn-up-and-go transport system

    Enables a turn-up-and-go transport system across South East Queensland

    18,000 more seats

    Once operational, CRR will build capacity to enable 18,000 more seats into Brisbane during morning peak

    1. https://buildingqueensland.qld.gov.au/wp-content/uploads/2017/08/Executive-Summary.pdf
    2. Pulse consortium is led by CIMIC Group companies, Pacific Partnerships, CPB Contractors, and UGL with international partners DIF, BAM and Ghella.

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