MTR Corporation (0066) announced on Tuesday that its joint venture with two Gamuda Berhad subsidiaries has won the Parramatta Integrated Station Development contract to build Parramatta metro station in New South Wales, Australia.
Parramatta is widely regarded as Sydney’s “second CBD,” and the station is targeted to open in 2032. The travel time to Sydney CBD is estimated to reduce to around 20 minutes.
The contract includes design and construction of the future Parramatta metro station on the Sydney Metro West line, and the development of the buildings above and adjacent to it. The Integrated Station Development will comprise developments providing office, retail and residential properties, which will be delivered in phases following the opening of the railway.
The Riverside Link Consortium, comprising MTR Corporation (Australia), Gamuda Engineering Pty Ltd Australia, and Gamuda (Australia) Pty Ltd, will leverage the partners' combined expertise to deliver a transit-oriented precinct that supports sustainable mobility, creates jobs and services, and drives economic growth for Parramatta.
