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Contractor appointed for major Gippsland Line Upgrades


Gregor Mactaggart
VicConnect has been appointed as the contractor to deliver the Gippsland Line Upgrade’s major package of works.
Deputy Prime Minister Michael McCormack, Federal Member for Gippsland Darren Chester, State Transport Infrastructure Minister Jacinta Allan and Labor Member for Eastern Victoria Harriet Shing made the joint-announcement on Tuesday.
VicConnect is a consortium comprising UGL Limited, Decmil and Arup.
The rail upgrades between Pakenham and Traralgon are expected to deliver more frequent and reliable train services.
“This investment in the Gippsland Line is all about improving train services for people in the region, now and into the future,” Mr McCormack said. ....

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Why the Decmil (ASX:DCG) share price is surging 5% today


Why the Decmil (ASX:DCG) share price is surging 5% today
Aaron Teboneras | March 15, 2021 10:48am |
More on:
The
Decmil Group Limited(ASX: DCG) share price is surging today after the company announced a contract win.
At the time of writing, the engineering company’s shares are up 5.26%, trading at 60 cents.
What did Decmil announce?
In this morning’s release, Decmil advised that Rail Projects Victoria has awarded the company a contract to upgrade the Gippsland rail.
Decmil will join its partners through the VicConnect Consortium to undertake several works for the project. The work includes extending the Morwell crossing loop, upgrading level crossings and signalling, and adding second platforms at Bunyip, Longwarry and Morwell. ....

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