26 Sep 2013

Opus may benefit from Australian infrastructure programme

7:07 am on 26 September 2013

Engineering consulting firm Opus International stands to benefit from the new Australian federal government's plan to bring forward a number of infrastructure projects to offset the impact of the mining slowdown.

Opus, which has about 400 staff in Australia, has already turned around its financial performance in Australia from a near $1 million operating loss in 2012 to a $350,000 profit in the six months to the end of June.

Tony Abbott's government is focusing on Sydney's WestConnex motorway project, the East West Link through Melbourne's inner northern and eastern suburbs, upgrading the Bruce Highway in Queensland, the Gateway Motorway extension in Brisbane and the Swan bypass upgrade in Western Australia.

Opus managing director David Prentice says his company can't count on getting any of the related work but it will be bidding for it.

He says Opus welcomes the news that the Government is looking to bring forward some of the infrastructure spend.

Mr Prentice says the increased stimulus that the roading projects will bring will be welcome news for everyone.

He says Opus had a challenging year in Australia in 2012, but it has had a good first six months of this year.

However, Mr Prentice says it is still a very challenging environment to operate in.