Sydney Motorway Corporation (SMC) has awarded the contract for the operation and maintenance of WestConnex to Fulton Hogan Egis O&M Pty Ltd (FHEO&M). Egis, through its Australian subsidiary Egis Projects Asia Pacific, and Fulton Hogan Construction each hold 50% of the shares in FHEO&M.
WestConnex is Australia’s largest road infrastructure project which is being delivered by SMC, a private corporation, whose shareholders are the Minister for Roads, Maritime and Freight and the Treasurer of NSW. WestConnex will significantly reduce travel times for commuters in the Sydney area and deliver more than $AUD20 billion in economic benefits to the state of New South Wales (NSW).
WestConnex is being delivered in three stages:
The contract term for stages 1 and 2 is 10 years. Operation and maintenance will start in 2019.
Furthermore the contract comprises the operation and maintenance of the existing M5 East Motorway, which had been previously operated and maintained by Egis (as part of the BHEgis joint venture) from 2001 to 2011. M5 East is a 10km motorway with 4.5km of tunnels.
With the award of this contract, Egis strengthens its presence in tunnel and motorway operation and further demonstrates its position as a leading tunnel operation and maintenance provider in Australia and worldwide, with 80 km of tunnels under contract in 10 different countries.