Transurban, as part of the Sydney Transport Partners consortium, has successfully been awarded 100% ownership of WestConnex, Australia’s largest road infrastructure project.
Transurban has managed WestConnex since 2018, which has included opening the New M4 Tunnels and the M8 and operating these new assets alongside the responsibility for the M5 East tunnel. Together this network continues to transform previously congested corridors across Sydney.
One in five Australians call Sydney home, and 40% of the Sydney population is expected to live within 5km of WestConnex in 2031. WestConnex draws vehicles from across the city by providing a critical connection between Sydney’s west and south-west and the CBD, as well as a corridor to the airport and port.
With close to 250 million trips taken across WestConnex last financial year, drivers are enjoying significantly improved travel times, journey reliability, safety and connectivity.
Construction of the remainder of WestConnex has largely been completed, and our work is continuing on the M4-M5 Link Tunnels as well as the Rozelle Interchange (being delivered by Transport for NSW).
“WestConnex is one of the largest road infrastructure projects in the world with an enterprise value of $33 billion based on this transaction,” says Transurban CEO Scott Charlton.
“WestConnex is a key component of the NSW Government’s integrated transport plan to ease congestion and connect communities in Sydney.”
Sydney Transport Partners is an Australian-led consortium comprised of Transurban, AustralianSuper, the Canada Pension Plan Investment Board (CPPIB), Platinum Tawreed Investments A 2010 RSC Limited (a wholly-owned subsidiary of the Abu Dhabi Investment Authority) and Caisse de dépôt et placement du Québec (CDPQ, a global investment group based in Quebec).
