Sydney Metro – Western Sydney Airport SSTOM project has been recognised for Financial Excellence – awarded the industry’s highest honours at the 2023 National Infrastructure Awards.
The annual awards, hosted by Infrastructure Partnerships Australia, celebrate outstanding achievements in the delivery of significant infrastructure across Australia and New Zealand.
Sydney Metro – Western Sydney Airport SSTOM works comprises the delivery of six new metro stations between St Marys and the new Aerotropolis, 12 new metro trains, core rail systems and a stabling and maintenance facility at Orchard Hills. The city-shaping project will provide a major economic stimulus for Western Sydney, supporting more than 14,000 jobs during construction for the NSW and national economies.
The judging panel recognised the success of the project’s new private financing combined with government funding for the largest public-private partnership ever awarded in New South Wales.
The project successfully reached financial close within budget, in an unprecedented short timeframe and under challenging market conditions. The transaction included multiple funding sources for a complex and significant design and construction infrastructure project and operations and maintenance of the metro line for 15 years.