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.

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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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