Published by Global Banking & Finance Review®
Posted on February 6, 2026
1 min readLast updated: February 6, 2026
Add as preferred source on GoogleAcciona and ACS, part of a consortium, win a $4 billion contract for a railway project in Queensland, Australia, to enhance connectivity before the 2032 Olympics.
Feb 6 (Reuters) - A consortium that includes the Australian units of Spanish firms Acciona and ACS won a 5.75 billion Australian dollar ($4 billion) contract for rail construction works on a major railway connecting Logan and the Gold Coast in Queensland, Australia, Acciona said on Friday.
The contract was awarded to the ActivUs consortium, which includes Acciona, ACS's CPB Contractors and UGL, as well as SMEC and WSP.
The project aims to meet high demand for travel between Brisbane and the Gold Coast ahead of the 2032 Brisbane Olympic and Paralympic Games, Acciona said in a statement, adding that the works are projected to start in the first half of 2026.
A spokesperson for Acciona declined to clarify the size of the stake it holds in the consortium.
ACS, WSP and SMEC did not immediately reply to Reuters' requests for comment.
($1 = 1.4320 Australian dollars)
(Reporting by Javi West Larrañaga in Gdansk; Editing by Susan Fenton)
A consortium is a group of companies or organizations that come together to collaborate on a specific project, sharing resources, expertise, and risks to achieve common goals.
Project goals are specific objectives that a project aims to achieve, guiding the planning and execution of tasks to ensure successful completion.
The 2032 Brisbane Olympic Games are significant as they will bring international attention and investment to the region, impacting infrastructure development and tourism.
Acciona is a leading construction and engineering firm involved in the railway project, contributing its expertise in infrastructure development and project management.
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