Keolis Downer – a joint venture between French company Keolis and Downer EDI – has secured a seven-year extension contract to operate the Yarra Trams franchise on behalf of the Victorian Government.
Under this new contract, Keolis Downer will also undertake a tram refurbishment program that will revitalise over 85 per cent of Yarra Trams’ fleet over a five-year period.
“We look forward to continuing our partnership with the Victorian Government, delivering a world class public transport solution for the people of Melbourne,” Downer Chief Executive Officer Grant Fenn said.
This new contract is also expected to create more than 100 engineering and trades-based jobs – including infrastructure and rolling stock sectors.
Execution of the new franchise contract will begin on 30 November 2017.
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Source: Downer EDI and Yarra Trams
Downer EDI has secured a $600 million three-year contract to provide mining and related services at the Blackwater coal mine in Central Queensland.
Downer EDI starts the year strong with a new contract award from Rio Tinto Iron Ore. Downer has secured a five-year rail renewal services contract for Rio Tinto's rail network in the Pilbara region in Western Australia. This adds to the Downer’s existing contract for track construction and tyre management services.
Following the completion of a three-year mining services contract awarded in 2015, Downer EDI has been awarded a new three-year contract valued at approximately $120 million which will get the company to continue providing mining services at the CSA underground copper mine in Cobar, New South Wales.
Formerly known as the PlantMiner blog, Felix Project News is Australia's top 10 Construction blog.
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