WestConnex
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
WestConnex is a ~70km system of toll roads in Sydney, Australia - one of the largest road infrastructure projects in the world and a key component of the NSW government's plan to ease congestion and connect western Sydney with the CBD, Sydney Airport and Port Botany. It is not a startup; it is an operating infrastructure asset whose concession was fully privatised through sale to a Transurban-led consortium.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- 51% sold
The NSW government sells a 51% stake in WestConnex to Sydney Transport Partners, a consortium led by Transurban with AustralianSuper and Tawreed Investments.
- Full privatisation
Sydney Transport Partners acquires the remaining 49% stake for AU$11.1 billion, valuing the enterprise at $33 billion; the NSW government has now received a total of AU$20.4 billion for the entire WestConnex project.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.