| Tue 22 Mar 2022, 8:30 | | MURRAY & ROBERTS HOLDINGS LIMITED - Clough Selected As Preferred Tenderer For The Multi-Billion Australian Dollar Inland Rail Project |
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Clough Selected As Preferred Tenderer For The Multi-Billion Australian Dollar Inland Rail Project
MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ISIN: ZAE000073441
(“Murray & Roberts” or “Group”)
MURRAY & ROBERTS SUBSIDIARY CLOUGH, PART OF THE REGIONERATE RAIL
CONSORTIUM, SELECTED AS PREFERRED TENDERER FOR THE MULTI-BILLION
AUSTRALIAN DOLLAR INLAND RAIL PROJECT
Murray & Roberts is pleased to announce that the Regionerate Rail consortium has been
selected as preferred tenderer, to develop the Gowrie to Kagaru section of the Inland Rail
project. The Regionerate Rail consortium comprises Murray & Roberts wholly owned
subsidiary Clough, the Plenary Group, GS Engineering and Construction, Webuild (formerly
Salini Impregilo) and Service Stream.
This section of the Inland Rail project is in Queensland, with a contract value of more than
AU$5 billion for the design and construct elements, of which approximately AU$1,5 billion
is attributable to Clough.
The Inland Rail project will transform how goods are moved around Australia and complete
the backbone of Australia’s national freight network. This section of the project comprises
approximately 128 kms of new and upgraded rail track and includes a 6.2km tunnel which
will be the largest diameter freight tunnel in the southern hemisphere.
The Murray & Roberts Energy, Resources & Infrastructure business platform trades under
the Clough brand, a brand associated with providing project service excellence for more
than 100 years on large and technically challenging projects in the energy, resources, and
infrastructure industries. Upon award, this multi-year project will complement the platform’s
significant order book and extend its secured revenue base into the medium-to-long term.
Bedfordview
22 March 2022
Sponsor: The Standard Bank of South Africa Limited
Date: 22-03-2022 08:30:00
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