May 16, 2020

Laing O’Rourke secures $955mn contract to transform Sydney’s Central Station

Laing O'Rourke
Sydney Central
Metro
New South Wales
Jonathan Dyble
2 min
Sydney Central station
Leading international construction and engineering company Laing O’Rourke has been awarded a new contract to build the new Sydney Central metro platfo...

Leading international construction and engineering company Laing O’Rourke has been awarded a new contract to build the new Sydney Central metro platform – a major part of the city’s Sydney Metro City & Southwest project.

The news was announced by the New South Wales Transport Minister Andrew Constance, stating that the upgrade represents the biggest improvement to the station in decades.

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“This is the start of Central’s long-awaited renewal, bringing new entrances and simpler interchanges that will make life so much easier for customers,” Constance said.  “Central Station is the gateway to our great city, and we are working to develop a station that blends heritage with innovative design on par with other grand stations around the world.”

The main features will include the construction of Central walk, a 19-meter wide tunnel that will link new metro platforms to Central station, in addition to a new roof that will look to emphasize historic features within the building.

“We have a strong track record in complex transport precincts around the world – and with this experience we have assembled a team who will deliver a world-class result for the NSW Government, the people of Sydney and the businesses and customers who rely on Central every day,” O’Rourke said.

“Our recent experience delivering the $100 million upgrade of Wynyard Station allowed us to develop construction techniques that will ensure minimal disruption throughout the life of the project. The station needs to be kept running, and its history and heritage protected, as we also upgrade it to the modern transport solution Metro offers.”

The build is expected to complete in mid-2022.

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Jun 16, 2021

France to invest €1.8bn in Egypt’s infrastructure

AFD
Infrastructure
investments
projects
2 min
France is making a €1.8bn investment into Egypt’s infrastructure with upgrades to the Cairo Metro and a railway to Sudan

France will invest a total of €1.8bn into Egypt’s infrastructure focusing specifically on upgrading the Cairo Metro, building a railway to Sudan, and developing water and energy schemes. Officials have called the investment a “major boost to bilateral cooperation”. 

The Cairo Metro

Included in the financing is a concessional government loan of around €800mn to upgrade Line 1 of the Cairo Metro, introduced in the 1980s. The financing will pay for 55 trainsets for the line and is provided by the French engineering company, Alstom.  

Line 6 is also due to be upgraded using further state-guaranteed loans worth up to €2bn. Bruno Le Maire said that this would be negotiated over the next six months. France and Egypt have worked in close cooperation ever since Abdel Fattah al-Sisi became president in 2014, despite differences over human rights and strong criticism of Egypt by rights activists and some foreign states.

Nine more projects over the next half a decade

A further €1bn from France’s development agency, Agence Française de Développement (AFD), aims to cover a range of other projects over the next half a decade. 

These projects include a railway line between Aswan, southern Egypt, and Wadi Halfa in Sudan, as well as several projects in the renewable energy and water purification industries. Bruno Le Maire, France’s Finance Minister, said Egypt was a “strategic partner and commercial dealings with it would be developed. France will substantially increase its direct exposure to Egypt, becoming the first counter-party for government to government loans,” he said.

According to Le Maire, the AFD will also €150mn to support the construction of a universal health insurance programme. French contractors such as Vinci and Bouygues have a long history of working on the Egyptian capital’s underground system. 

Talking about the relationship between France And Egypt, Le Maire concluded: “France will substantially increase its direct exposure to Egypt, becoming the first counter-party for government to government loans”. 

Image: MEED

 

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