By Inti Landauro
PARIS--Australian toll road operator Transurban (TCL.AU) has
picked a group formed by French construction firm Bouygues SA
(EN.FR) and Lend Lease (LLC.AU) to build a twin motorway tunnel
that will require an investment of A$2.65 billion ($1.7
billion).
Transurban said the joint venture between Bouygues and Lend
Lease was selected as preferred contractor for the project, in a
statement on its website. The contract still needs planning
approval, the company said.
The project, dubbed NorthConnex, will be a 9-kilometer tunnel
outside Syndey, the country's largest city, linking two of its main
highways.
Transurban picked the Bouygues group after a competitive bidding
process that attracted several bidders, the company said.
A Bouygues official confirmed the Transurban decision.
Write to Inti Landauro at inti.landauro@wsj.com