December 1, 2021

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Simic (ACS) has acquired the operation of the Auckland Passenger Rail Network in New Zealand.

Simic (ACS) has acquired the operation of the Auckland Passenger Rail Network in New Zealand.

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UGL, A subsidiary of the Australian group Simic (owned by ACS) Has contracted for the exploitation of Auckland passenger train network in New Zealand. The deal will generate more than N $ 600 million in revenue for UGL, or about 4 354 million over the first eight years, the subsidiary said in a statement.

UGL, and joint venture partner ComfortDelGroránsito, assume responsibility for train operations, Including the provision of conductors and other rail staff, Upgrading station schedules, operations and maintenance, security, customer-facing operations and revenue security, and Auckland network access agreement and Kiwi rail interface management. In addition, rolling stock maintenance will be carried out by the joint venture from 2025.

Juan Santamaría, Managing Director and CEO of Cimic Group, said: “The Cimic Group and UGL are pleased to support the city of Auckland by promoting public transportation. In the maintenance of railway systems and rolling stock And other support systems for essential transportation networks to the Auckland Rail Network.

Doug Mosssaid, General Director of UGL, said, “UGL is the largest operator of railway services and maintenance in Oceania. We operate and maintain railway networks in NSW, Victoria, South Australia and ACT. Rolling stock across Australia. We look forward to sharing our experience with Auckland Rail Network users and developing a strong relationship with our client Auckland Transport.

A hospital building

It should be noted that the construction of the new patient building at Dunedin Hospital in New Zealand was awarded a few weeks ago by CPB Contractors, a subsidiary of the Australian team SIMIC.

Therefore, construction and services in its local market played a key role in the decisions of the Australian subsidiary of the group led by Florentino Perez. Simik increased its revenue by 10.6% to A $ 7.1 billion (4 4.4 billion).

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