Preferred bidder announced
Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.
The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.
The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.
The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).
Preferred bidder announced
A preferred bidder has been selected and is in exclusive negotiations.
Projects that have progressed to contractual close remain on ANZIP for 12 months.
ANZIP is focused only on major infrastructure activity, above the following thresholds:
Construction projects: > AUD$300m
Investable greenfield & brownfield: > AUD$100m
All greenfield and brownfield projects and divestments: > NZD $100 million
The Brisbane Metro will see the adoption of a high frequency rapid transit transport system along 21 kilometres of existing busway from the Royal Brisbane and Women’s Hospital (RBWH) to Eight Mile Plains. It includes 18 stations, including 11 interchange stations, two of which will link to the State Government's planned Cross River Rail.
The updated Metro plan details the use of 60 trackless rubber-tyred metro vehicles, each with a capacity of 150 passengers, along two routes:
- Metro 1: RBWH busway station to UQ Lakes busway station; and
- Metro 2: Eight Mile Plains busway station to Roma Street busway station.
The redesigned network is intended to provide better interchange opportunities, deliver more services to the suburbs and complement the Cross River Rail project.
Key design elements include:
- conversion of Victoria Bridge to a green bridge;
- construction of a tunnel underneath Adelaide street connecting to King George Square Station;
- construction of a new underground Cultural Centre station, providing an uninterrupted connection - between the South East Busway and Victoria Bridge; and
- removal of the Melbourne street busway portal.
$430 million in funding was allocated towards the project over forward estimates in the Brisbane City Council's 2017-18 Annual Plan and Budget. A further $300 million was allocated to the project in the Budget, with the revenue assumption for this contribution over the forward estimates based on an expected contribution from State and Australian Governments.
In the 2017-18 Budget, the Federal Government said the project has the potential to be supported through the $10 billion National Rail Program, subject to a positive business case.
A preliminary business case was completed in May 2017 finding a cost benefit ratio of 1.91. Traditional and availability payment Public Private Partnership (PPP) procurement models are being assessed as delivery options for the project.
Pending funding and approvals, the Council expects construction to commence in 2019 with the project completed in 2022.