Fast Market Research

"Australia Infrastructure Report Q3 2014" Is Now Available at Fast Market Research

New Construction research report from Business Monitor International is now available from Fast Market Research

 

Boston, MA -- (ReleaseWire) -- 06/11/2014 -- The recovery in Australian construction growth has so far failed to meet our expectations. In our opinion, this poor performance suggests that downside pressures to construction activity could be stronger than we had anticipated. These downside pressures are: the poor macroeconomic fundamentals for construction, the obstacles preventing Australian governments from raising sufficient funds for their infrastructure plans, and the growing lack of competitiveness in Australia's construction sector.

Key developments in the sector:

- In March 2014, the NSW state government named a consortium consisting of France's Bouygues Construction and Australia's Lend Lease as the preferred bidder for the contract to design and build the AUD3.0bn NorthConnex motorway in Sydney. The motorway comprises of twin 9km tunnels that will connect the southern end of the M1 Motorway at Wahroonga to the Hills M2 Motorway at its Pennant Hills Road interchange. Australia's toll road operator Transurban Group is managing the project, having approached the NSW government to design, build, operate and finance the link in 2012. The project is expected to be funded through toll charges with a contribution from the NSW state and Australian federal governments. The project is expected to start construction works in 2015 and be completed in 2019.
- In March 2014, the NSW state government formally issued a request for proposals (RfP) to deliver and operate a 12km light railway line in Sydney. The RfP was send to three shortlisted consortiums - SydneyConnect, iLinQ and Connecting Sydney. SydneyConnect is formed by Serco, John Holland and Plenary Group. iLinQ comprises Keolis Downer, Balfour Beatty, McConnell Dowell, Bombardier and Macquarie Capital, while Transdev, Alstom Transport Australia and Capella Capital formed the Connecting Sydney consortium. The AUD1.6bn light rail project is expected to run from Circular Quay to Sydney Central station and subsequently divide to serve the Prince of Wales hospital at Randwick and the University of NSW in Kingsford. The consortium that wins the contract will also operate and maintain the expanded Inner West Light Rail network. The NSW government is expected to appoint a preferred bidder by end 2014. The deal is likely to include the government's conditional debt pay-down structure.
-

View Full Report Details and Table of Contents

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Construction research reports at Fast Market Research

You may also be interested in these related reports:

- Indonesia Infrastructure Report Q3 2014
- Romania Infrastructure Report Q3 2014
- Singapore Infrastructure Report Q3 2014
- South Korea Infrastructure Report Q3 2014
- Argentina Infrastructure Report Q3 2014
- Poland Infrastructure Report Q3 2014
- Iran Infrastructure Report Q3 2014
- Saudi Arabia Infrastructure Report Q3 2014
- Iraq Infrastructure Report Q3 2014
- Vietnam Infrastructure Report Q3 2014