The Victorian and federal governments (Australia) have officially signed off on the long-awaited Melbourne Airport Rail Link (MARL) PPP project.
The project will connect Melbourne Tullamarine Airport to the Melbourne CBD. The ambitious project, which has already received a AUD 5 billion ivestment from the federal government, will cost an estimated around AUD 10 billion (US$7 billion).
As we reported in December last year, the Premier and Minister for Transport Infrastructure of Victoria, announced that more than 100 local and global organisations had participated in the market engagement process for the Melbourne Airport Rail Link.
The full business case is now underway and will be completed in 2019/20, with construction set to begin by 2022. The government has not disclosed a schedule for the procurement process.
Aurecon Jacobs Mott MacDonald Joint Venture (AJM JV) has been appointed as a technical advisor and KPMG has been appointed as a commercial advisor for the Melbourne Airport Rail Link.