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Transurban Group ( (AU:TCL) ) has provided an update.
Transurban Group has announced the opening of the West Gate Tunnel Project in Melbourne, which is set to commence operations on December 14, 2025. This infrastructure project is designed to provide a crucial alternative to the West Gate Bridge, improving freight access to the Port of Melbourne and enhancing the overall liveability of communities in the western region. Key features include twin tunnels, a new elevated roadway, and multiple bridges and ramps to improve traffic flow and connectivity. The project is expected to remove over 9,000 trucks from residential streets, thus improving safety and reducing noise and emissions. Additionally, the project introduces new toll pricing strategies and over 14 kilometers of new walking and cycling paths, contributing to sustainable travel options and environmental renewal.
The most recent analyst rating on (AU:TCL) stock is a Hold with a A$13.93 price target. To see the full list of analyst forecasts on Transurban Group stock, see the AU:TCL Stock Forecast page.
More about Transurban Group
Transurban Group is a leading company in the infrastructure industry, primarily focusing on the development and management of toll roads and related transport solutions. The company operates internationally, with a significant market presence in Australia, where it aims to enhance urban mobility and connectivity.
Average Trading Volume: 4,635,089
Technical Sentiment Signal: Buy
Current Market Cap: A$46.32B
For a thorough assessment of TCL stock, go to TipRanks’ Stock Analysis page.