QIC-owned Queensland Motorways Buys CLEM7 Tunnel

Posted on 10/03/2013

The Queensland Investment Corporation (QIC), through its global infrastructure arm, bested competitors in a bid for Brisbane’s Clem Jones tunnel (CLEM7). The A$ 70.3 billion QIC purchased the toll road for AS 618 million through its toll road business Queensland Motorways. The road was built at an original cost of A$ 3 billion. The impending […]

Get News Stories Delivered to Your Inbox