STRABAG’s Australian subsidiary Georgiou wins key rail contracts worth over € 490 mn

01 Jun 2026
The Wave forms part of Queensland’s long-term infrastructure pipeline related to the Brisbane 2032 Olympic and Paralympic Games © TWR Media
© TWR Media

Georgiou Group, the Australian subsidiary of STRABAG, today announced that they have been appointed to construct both the Greenfield and Brownfield packages for Stage 1 of The Wave, one of Queensland’s largest rail infrastructure projects on the Sunshine Coast. The contracts will be delivered under collaborative alliance contracting models together with leading industry partners. Commissioned by the Queensland Government and Australian Government, the AUD 2.5 billion (~ € 1.5 billion) project will transform mobility and connectivity across the Sunshine Coast, delivering faster and more reliable rail services to more people across the region. Construction is expected to commence in 2027, pending approvals.

Georgiou Group will deliver the Stage 1 Greenfield package as part of the CoastalTraX consortium (ACCIONA, Mott MacDonald, Aurecon and local rail subcontractor DT Infrastructure), and the Stage 1 Brownfield package through the Beerwah Coast Connect consortium (Laing O’Rourke and Hatch).

Improving mobility along Australia’s east coast

The Wave forms part of Queensland’s long-term infrastructure pipeline related to the Brisbane 2032 Olympic and Paralympic Games and wider regional development objectives. Stage 1 will deliver a new passenger rail connection between Beerwah and Caloundra, forming part of a broader program linking Sunshine Coast communities to Brisbane and beyond.

  • We are proud to contribute to improved public transport on the Sunshine Coast through “The Wave” rail project. We do this through both delivery and a collaborative contracting approach. The project brings together Georgiou’s local delivery capability and STRABAG’s expertise in complex mobility infrastructure, highlighting the strength of our global-local model.

    Siegfried Wanker
    STRABAG SE Management Board Member responsible for the International + Special Divisions segment

Strengthening STRABAG’s strategic position in Australia

With this dual award, Georgiou’s order backlog for the first time rises to well above € 1 billion. This development underlines the combined strength of STRABAG and Georgiou and further reinforces the Group’s presence in the growing Australian infrastructure market.

Facts

STRABAG company
Georgiou Group, Australia
Joint venture shares
Greenfield 20%
Brownfield 40%
Contract value
AUD 2.5 billion (~ € 1.5 billion)
Order backlog
Q2/26
Segment
International + Special Divisions
Client
Queensland Government and Australian Government