Strabag to Build Rail Tunnel in Toronto
Strabag has had an infrastructure contract in Toronto awarded to its Canadian subsidiary. The scope of the work includes the construction of a 180 m long tunnel under Highway 401 to accommodate two tracks operated by Ontario's public transport agency Metrolinx. The full investment volume amounts to about EUR 77 million.
Toronto: Strabag to Build Rail Tunnel in Canada / Picture: © Vindobona.org
This design-build-finance contract will be executed under a 50:50 joint venture with EllisDon Capital Inc., a PPP project specialist in the Canadian market.
The works are scheduled to last until mid-2021. "We have been operating in Canada since 2005 and are looking forward to applying one of our core competencies - tunnelling - to this PPP project," says Thomas Birtel, CEO of…
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