Mitsubishi Corporation to Construct and Operate Light Rail Transit in Canberra

Mitsubishi Corporation (MC) is pleased to announce that a consortium comprised of eight companies, including MC, Pacific Partnerships (Australia), John Holland (Australia) and Aberdeen Infrastructure Investments (United Kingdom), has been selected as the preferred proponent for the contract for construction, operation and maintenance of a light rail transit (LRT)¹ system in Canberra, Australia under a public-private partnership (PPP)² scheme.

 

After completing negotiations and finalizing contractual arrangements with the Australian Capital Territory (ACT) Government, the four companies will establish a joint stock company to execute the project.

 

The project covers construction, as well as operation and maintenance for 20 years, of a 12-kilometer LRT system and 13 stops between central Canberra and Gungahlin in the north. The project has been designated as high priority by the ACT Government, both as a new means of transportation and as catalyst for stimulating economic activity in the country’s capital.

 

MC has built up a wealth of experience in the railway business over time, with the supply of rolling stock for the Cairo Metro and Delhi Metro systems and locomotives for the Panama Canal as well as securing EPC³ contracts for total railway systems for the Dubai Metro and Doha Metro systems counted among its successes. Several PPP railway projects are now being planned in Australia. MC will therefore draw in this experience as well the expertise it has built up in other areas of infrastructure development, ranging from air and sea port operations to power and water treatment plants, to develop its railway operations business in Australia and other countries, including the provision of rolling stock and the execution of railway systems EPC contracts.

 

1. Light Rail Transit (LRT): An electrical tramway operated inside an urban area. LRT is an eco-friendly system which emits less CO2 than cars and diesel buses and is easy to design for harmonization with urban landscape.

 

2. Public Private Partnership (PPP): A contractual scheme under which public services are developed and delivered through public sector and private sector collaboration. PPP aims to provide public services in an efficient and effective way by utilizing private sector know-how for the design, construction, operation and maintenance of public works.

 

3. EPC: Engineering, Procurement and Construction; a single contract which includes these scopes.

 

 

＜Consortium Members＞

1. Pacific Partnership (Australia)

2. John Holland (Australia)

3. Mitsubishi Corporation

4. Aberdeen Infrastructure Investments (United Kingdom)

5. CPB Contractors (Australia)

6. Deutsche Bahn International (Germany)

7. Construcciones y Auxiliar de Ferrocarriles (Spain)

8. The Bank of Tokyo-Mitsubishi UFJ

 

＜Image picture＞

＜LRT route map＞

＜Project Outline＞

(1) Location: Canberra city, Australia

(2) Scope: Construction, operation and maintenance of LRT system with 12km length and 13 stops.

(3) Schedule: Start construction in the middle of 2016. Start operation in 2019.

 

＜Company Outline＞

1. Mitsubishi Corporation

(1) Founded : April 1, 1954

(2) Headquarter : Tokyo

(3) Representative : Ken Kobayashi, President and CEO

(4) No. of Employees : 71,994 (consolidated, as of March 31, 2015)

(5) Business Activities : Mitsubishi Corporation has seven Business Groups which develop operations in the diverse fields of Global Environmental & Infrastructure; Industrial Finance, Logistics & Development; Energy; Metals; Machinery; Chemicals; and Living Essentials. In addition to these Business Groups, MC has also recently established its Business Service Group. Through these business groups, Mitsubishi Corporation serves customers around the world in virtually every industry.

 

2. Pacific Partnerships

(1) Year Founded : 2014

(2) Headquarter : Australia

(3) Business Activities : Development of infrastructure PPP projects such as railways, roads, hospitals, as well as investment and operation

 

3. John Holland

(1) Year Founded : 1949

(2) Headquarter : Australia

(3) Business Activities : Civil construction, development, investment and operation of infrastructure projects such as railways and roads.

 

4. Aberdeen Infrastructure Investments

(1) Year Founded : 1983

(2) Headquarter : United Kingdom

(3) Business Activities : Asset management

 

5. CPB Contractors

(1) Year Founded : 1949

(2) Headquarter : Australia

(3) Business Activities : Civil construction

 

6. Deutsche Bahn International

(1) Year Founded : 1966

(2) Headquarter : Germany

(3) Business Activities : Engineering, consulting, operating of railways

 

7. Construcciones y Auxiliar de Ferrocarriles

(1) Year Founded : 1892

(2) Headquarter : Spain

(3) Business Activities : Manufacturing and maintenance of rolling stock and railway equipment

 

8. The Bank of Tokyo-Mitsubishi UFJ

(1) Year Founded : 1919

(2) Headquarter : Tokyo

(3) Business Activities : Deposit, financing, currency exchange and investment etc.