GS Engineering & Construction (E&C) Australia, as part of the Terra Verde joint venture, has been announced as preferred bidder for the Tunnels North contract for Suburban Rail Loop (SRL) East in Melbourne, the most populous city in Australia.
The package includes the design and construction of nearly 10 kilometres of two parallel tunnels and two station boxes in the eastern suburbs of Melbourne. GS E&C Australia has a 33.5% stake in the project, with partners Webuild and Bouygues Construction Australia.
Commissioned by Victoria’s Suburban Rail Loop Authority, the contract involves excavation of the tunnels between Glen Waverley and Box Hill; the creation of 39 cross passages along the tunnels; two station boxes; two tunnel access shafts; and one intervention and ventilation shaft.
GS E&C’s Chief Executive Officer Mr Yoon Hong Huh said, “GS E&C, as part of the Terra Verde joint venture, brings experienced local personnel and expertise, coupled with unrivalled global scale, resources and experience. We also bring experience in delivery of major projects in Victoria, including North East Link.”
GS E&C Australia’s Managing Director Dr Steve Sung-han Cho said, “As part of Terra Verde joint venture, we are committed to building the future industry capability within Victoria, with a focus on supporting local businesses and creating local jobs.”
The biggest project in Victoria’s history, Suburban Rail Loop (SRL) will help shape Melbourne and Victoria for future generations, ensuring Melbourne remains one of the world’s most liveable cities. Tunnelling will start in 2026, with SRL East between Cheltenham and Box Hill open in 2035.
Key Facts:
GS Engineering & Construction (E&C) has been announced preferred bidder for a major tunnelling package for Victoria's Suburban Rail Loop East as part of Terra Verde joint venture.
The package includes design and construction of nearly 10 kilometres of two parallel tunnels and station boxes.
Terra Verde joint venture consists of GS E&C Australia, Webuild and Bouygues Construction Australia.
About us:
About GS E&C
GS E&C is part of GS Group, one of South Korea’s largest conglomerates. We’ve worked with clients, partners and communities globally for 50+ years to deliver engineering and construction solutions in clean energy, water, transport, housing, oil, gas and processing.
We’ve been in Australia since 2016, and are delivering Victoria’s $11.1 billion North East Link tunnels project as part of Spark consortium.
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Holly Havers
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