Melbourne Airport Rail Link (MARL) is set to become a reality, with the Victorian and Commonwealth Governments formally signing off on the project.

Prime Minister Scott Morrison and Victorian Premier Daniel Andrews announced the signing of the Heads of Agreement today, which sets out the strategic objectives, governance arrangements and information sharing processes for the $10 billion joint commitment.

The State and Federal Governments have committed up to $5 billion each to deliver MARL. The total cost of the project is estimated to be in the range of $8-13 billion, with construction to take up to nine years and due to commence in 2022.

The Business Case will be delivered by 2020 and will assess station and procurement options, value capture and creation opportunities, and economic analysis of the recommended solution.

Rail Projects Victoria is seeking registrations of interest from suitably experienced and qualified respondents who may be interested in tendering for (or providing finance in relation to) the Melbourne Airport Rail.

Organisations that are interested in participating in tendering for the Melbourne Airport Rail are encouraged to register their interest.

Contact us at Azeta Group to discuss how we can support your registration!