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Chapter Fourteen

On winning the tender in 1995, Transfield and Obayashi were committed to deliver Melbourne City Link, despite the considerable stress the project eventually put the Consortium under. The Companies were the original sponsors of Transurban Ltd., which they listed on the Australian Stock Exchange in March 1996. Today, Transurban trades amongst the top 50 Australian companies, capitalised at over $6 billion, underscoring the original viability of its first investment. The City Link relieved once and for all Melbourne's congested downtown traffic.

 

Page Media:

Premier Jeff Kennett throws sand to the media to mark the commencement of construction, 29 May 1996. Melbourne City Link.The International Gateway by night.

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