CIMIC’s UGL’s contract with Metro Trains Melbourne has been extended which will see the company operate the city’s metropolitan passenger rail service for an additional 18 months.
Before the extension, the contract initially was for a seven-year agreement from November 2017 to November 2024.
The contract extension, awarded by the Victorian State Government, will begin in November 2024.
As part of the MTM (Metro Trains Melbourne) consortium, UGL has operated passenger trains in metropolitan Melbourne since 2009. MTM comprises MTR Corporation (60 per cent), John Holland (20 per cent) and UGL (20 per cent).
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Excluding the extension, the current contract will generate around $1.8 billion for UGL.
CIMIC Group Executive Chairman Juan Santamaria said MTM has provided the city a sage and reliable train network for around 14 years.
“We are pleased to continue to operate and maintain all assets associated with the network, delivering a key part of the city’s interconnected public transport service,” Santamaria said.
Metro Trains Melbourne Metro operates 226 six carriage trains across 998 kilometres of track, transporting 450,000 customers each day.