Other JV partners are Bouygues, GS Group (Il Sole 24 Ore Radiocor) - Milan, 11 Jul - Italian construction group Webuild said that as a part of the Terra Verde joint venture it was selected as the preferred bidder for the Tunnels North contract of Suburban Rail Loop (SRL) East project in Melbourne.

The contract is expected to be awarded later this year. No financial details were disclosed.

Webuild is the leader of the joint-venture, whose other partners include South Korea's GS Group through its engineering & construction unit and France's Bouygues through Bouygues Construction Australia.

SRL will biggest infrastructure project in Victoria's history, helping shape the city and the state for future generations, ensuring Melbourne remains one of the world's most liveable cities, Webuild said.

Australia is Webuild's second biggest market after Italy by backlog orders.

AAA-Sch

(RADIOCOR) 11-07-24 11:55:14 (0279) 5 NNNN