Victoria, Australia, awards $1.7 billion tunnel contract for ongoing $34.5 billion rail project.

Victoria, Australia has awarded a $1.7 billion tunneling contract for the Suburban Rail Loop's eastern section to the Terra Verde consortium. This $34.5 billion project aims to complete a 90-kilometer orbital rail line from Cheltenham to Werribee by 2035. Despite a $20 billion funding gap and opposition calls for a pause, the state government insists on continuing the project, which is currently on schedule.

November 10, 2024
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