Sydney Metro City and Southwest PPP

Country
Australia
Location
Sydney
Sector
Rail
Expertise
  • Infrastructure
  • Public private partnerships
  • Rail
Client
Sydney Metro
Contract type
Public private partnerships
Status
Current
Duration
Tags
Sydney Metro City and Southwest is Stage 2 of Sydney Metro - Australia’s first fully automated passenger railway – and is the largest PPP augmentation in Australia.

The Northwest Rapid Transit Consortium (NRT), which includes CIMIC Group companies UGL and Pacific Partnerships (sponsor and equity investor), will operate and maintain the metro railway from Rouse Hill to Bankstown, totaling 66 kilometres of rail and 31 metro stations.

The Sydney Metro Northwest A$3.7 billion Operations Trains and Systems PPP (OTS PPP) contract (Stage 1) was awarded in 2014 to NRT comprising: MTR Corporation, John Holland, Plenary Group and CIMIC Group companies CPB Contractors, UGL and Pacific Partnerships. The OTS PPP contract was the largest of the three major delivery contracts for the project and the largest PPP awarded by the NSW Government at the time. 

After 4.5 years of design and construction, Sydney Metro Northwest successfully opened in May 2019, on time and A$1 billion under budget, delivering Australia’s first turn-up-and-go, fully automated passenger railway.

Just six months after opening, NRT achieved financial close on this Stage 2, A$1.7 billion contract extension extending Sydney Metro from Chatswood, under Sydney Harbour and through the CBD, and beyond to Bankstown – the largest PPP augmentation of its kind in Australia.

The extension delivers and operates an additional 23 trains and systems for a 30km rail line, including 15.5km of new tunnels, seven new underground stations, 11 existing stations upgraded to metro standards and two stabling facilities.  The ‘turn-up-and-go’ system will provide customers with a service every four minutes during peak times, with ultimate capacity for a metro train every two minutes in each direction under the city. 

Innovative station and precinct designs will provide modern, safe and accessible stations that are sustainable (low carbon, energy and waste design) and scalable (safeguarding future expansion).
Stage 2 is currently under construction and once complete in 2024, the PPP contract will extend its existing services to the Metro City and Southwest line for a period of 10 years. 

As an existing investor and sponsor in the Metro North West Line operations contract, Pacific Partnerships will provide a further equity investment to the Sydney Metro City and Southwest PPP.

CPB Contractors and UGL are involved in the construction of several packages not included in the PPP, including the $2.8bn Tunnel and Station Excavation Works Package, the $1.4bn Line-wide Works Package and the $0.5bn Pitt Street Station project.
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