Webuild, as part of the Parklife Metro consortium, has reached financial close on a contract to build the Sydney Metro Western Sydney Airport project that will connect the new Western Sydney International Airport with greater Sydney in Australia. Webuild’s stake worths approximately AUD 3.83 billionWebuild and its partners had been selected preferred proponents for the contract in November. Webuild has approximately a 78% stake in the joint-venture that will execute the civil works along with Siemens. It also has a 10% stake in the project company, which includes Plenary Group, Siemens Mobility and RATP Dev. Webuild and its Parklife Metro consortium partners have entered into a Public Private Partnership to execute the Stations, Systems, Trains, Operations and Maintenance package. The consortium will also operate and maintain the 23-kilometre line for 15 years after it becomes operational. The contract comprises six stations between the existing St. Marys interchange station and the new Western Sydney Aerotropolis; core rail systems and the stabling and maintenance facilities to be built at Orchard Hills; rail infrastructure and systems required for the supply, commission and operations of the new driverless trains. The Western Sydney Airport project will be an expansion of Sydney Metro, improving services on the largest public transport network in the most populated city in the country. The line will support development in Western Sydney, with its construction creating thousands of jobs.