Lend Lease Wins $315 Million Contract to Widen West Motorway, Sydney

LEND Lease has secured the $315 million contract to widen the M5 West Motorway in Sydney.

It will design and construct the upgrade which include interlink roads. Two lanes will be extended to three in each direction from Camden Valley Way, Prestons to King Georges Road, Beverly Hills.

Lend Lease’s construction business, Abigroup, has been working on the proposal since February 2010. Completion of the project is expected in December 2014.

Lend Lease announced the contract to the ASX this afternoon (June 26):

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Two Melbourne Train Stations Identified as Terminals For Sydney-to-Melbourne High Speed Rail Link

MELBOURNE’s Southern Cross rail station (pictured) – formerly known as the Spencer Street Station – could get a $2 billion upgrade, as part of plans to build a high-speed rail link to Sydney.

The rail tunnel, proposed within a federal government study last week, could cost between $61 billion and $108 billion.

The trip between Australia’s two most populated cities could take three hours, with the train reaching speeds of 350 km/h (outside of the capitals, where they’ll travel about 200 km/h). This compares to about an hour, by plane, or about nine hours by road.

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