DOWNER EDI LIMITED 02/08/2023
Downer is delivering the Queensland Train Manufacturing Program (QTMP).On June 30, 2023, a Design Build Maintain contract worth $4.6 billion was executed between Downer and the Queensland Government.
Downer will partner with Hyundai Rotem Company (HRC) for design and delivery of the rollingstock. This agreement was executed at the same time as the agreement with the State. Financial arrangements between Downer and its joint venture partners are commercial-in-confidence.
HRC has extensive experience with manufacturing rollingstock and their expertise have been contracted to fast-track the delivery of the QTMP fleet.
None of the 65 QTMP trains will be manufactured in Korea. All 65 QTMP trains will be built at the Torbanlea train manufacturing facility. However, to help upskill the local Queensland workforce, two prototypes will be built by Hyundai in Korea to establish the manufacturing process. This will enable the transfer of technology and knowledge to our Queensland workforce.
The Torbanlea train manufacturing facility's capabilities will include steel fabrication, robotic-assisted welding, bogie construction, car body building, electrical manufacturing, equipment fit-out and testing of the completed rollingstock.
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Downer EDI Ltd. published this content on 02 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2023 07:28:00 UTC.
