USD1.4 billion road PPP project in Canada becomes operational

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
USD1.4 billion road PPP project in Canada becomes operational

Meridiam, Alberta Transportation and the Tsuut’ina Nation have announced the opening of the Southwest Calgary Ring Road to traffic in Canada.

The PPP project covers the penultimate section of the ring road around Calgary with the aim to improve the safe and efficient movement of goods and people in and around the area. The 31 km road is a new six and eight-lane divided highway with 14 interchanges, 47 bridges, one road flyover, one railway crossing, one tunnel and three river crossings. The project is designed to accommodate traffic volumes projected for the next 30 years, which are estimated to be between 80,000 and 100,000 vehicles per day on some sections.

The total investment in the project is US$1.4 billion. The construction period took nearly 5 years, and now the project goes into operation and maintenance phase for a period of 30 years. Meridiam (32.5%), along with Kiewit (32.5%), Connor, Clark & Lunn (25%) and Ledcor (10%) are investors and partners in Mountain View Partners. The design-build construction consortium is a joint venture between Kiewit, Graham and Ledcor, while the Operation and Maintenance provider is Alberta Highway Services Ltd.

List of country news

Country news

  • October 06, 2021

    Financial close achieved for USD238 million schools PPP project in Canada

    The consortium Concert-Bird Partners has achieved financial close for the five high schools project in Alberta, Canada.

    Read more
  • September 22, 2021

    RFP launched for Subway PPP project in Canada

    Infrastructure Ontario and Metrolinx have released a Request for Qualifications (RFQ) for the 2nd package of the Scarborough Subway Extension PPP project in Canada.

    Read more
  • September 01, 2021

    Tender issued for Hospital PPP project in Canada

    Infrastructure Ontario and Kingston Health Sciences Centre have launched a request for qualifications (RFQ) for teams for the development of the Kingston General Hospital Phase 2 Redevelopment project.

    Read more
  • August 27, 2021

    Shortlist released for USD325 million Road rehabilitation PPP project in Canada

    Alberta Transportation has shortlisted three groups for the Deerfoot Trail rehabilitation PPP project in Calgary, Canada.

    Read more
  • August 12, 2021

    Financial close achieved for USD261.75 million Fibre PPP project in Canada

    The financial close has been achieved for the Matoba Fibre PPP project in Canada.

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.