Three consortia have been shortlisted:

• Continuum Victoria - Acciona Infrastructure, Ferrovial Agroman, Honeywell, Downer EDI and Plenary Origination

• Cross Yarra Partnership - Lendlease Engineering, John Holland, Bouygues Construction and Capella Capital, and

• Moving Melbourne Together - Pacific Partnerships, CPB Contractors, Ghella, Salini Impregilo, Serco and Macquarie Capital.

The proposals detail options to build the 9km long metro tunnel and five new underground stations at Arden, Parkville, CBD North, CBD South and Domain.

At the same time, early works on the total $A 10.9bn Metro Rail project have received formal planning approval, and will progress over the coming months.

Work will ramp up at City Square to build another underground station, which will have a direct connection to Flinders Street Station, the City Loop and the rest of the suburban train network.

A contract for the PPP is expected to be awarded by the end of the year, in time for construction on the tunnels and stations package to begin in 2018. More information can be found at

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