CIMIC Group (ASX:CIM) - Executive Chairman & CEO, Juan Santamaria
Executive Chairman & CEO, Juan Santamaria
Source: Juan Santamaria / LinkedIn
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  • CIMIC’s (CIM) CPB Contractors has been selected by the NSW Government to deliver the Sydney Metro–Western Sydney Airport works
  • This new metro railway runs from St Marys through to the Western Sydney International (Nancy-Bird Walton) Airport and the Western Sydney Aerotropolis
  • Work involves the design and construction of 9.8 kilometres of twin tunnels for stations at St Marys, Orchard Hills, Airport Terminal Station and Aerotropolis Station
  • Work will begin in the coming months and generate revenue of roughly $1.35 million to CPB
  • Shares in CIMIC are up a slight 0.42 per cent on the market and are trading at $16.58

CIMIC’s (CIM) CPB Contractors has been selected by the NSW Government to deliver the Sydney Metro–Western Sydney Airport works.

The contract is worth $1.8 billion and will generate revenue of roughly $1.35 million to CPB.

This new metro railway runs from St Marys through to the Western Sydney International (Nancy-Bird Walton) Airport and the Western Sydney Aerotropolis.

It will provide a public transport method to the new Sydney Airport and make an economic contribution to Sydney’s West.

CIMIC Executive Chairman and CEO Juan Santamaria said the company is pleased to have been selected for another ‘vital’ Western Sydney project.

“This is a strategic transport investment that will generate long-lasting benefits for the people of Western Sydney and provide a significant boost to jobs during construction,” Mr Santamaria said.

“CPB Contractors is already involved in the construction of the Western Sydney International Airport and the Sydney Metro City & Southwest project and will apply this experience to safely deliver this link.”

Work involves the design and construction of 9.8 kilometres of twin tunnels and excavations for stations at St Marys, Orchard Hills, Airport Terminal Station and Aerotropolis Station.

Major work will begin in the upcoming months for site establishment, with tunnelling expected to get underway in early 2023.

CPB Managing Director Jason Spears said the company is pleased to have been selected to deliver this work.

“We are very pleased to have been selected by the NSW Government to deliver another vital project for Western Sydney,” Mr Spears commented.

“Our tunnelling teams are very experienced in delivering transport infrastructure in Sydney and will apply CPB Contractors’ expertise, gained delivering major projects across Australia, to maximise employment and training opportunities for local workers.”

Shares in CIMIC were up a slight 0.48 per cent on the market and were trading at $16.58 at 2:23 pm AEDT.

CIM by the numbers
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