John Laing Group plc has announced that it has joined a consortium short-listed to bid for the rights to develop a large-scale waste processing PPP project in Melbourne, Australia.

Through the next phase of the process, John Laing will work closely with its consortium partners and 16 councils in South East Melbourne to develop an advanced waste processing solution that minimizes waste and maximizes resource recovery.

The successful solution will play an important role in the Victorian government’s wider circular economy strategy which targets diverting 80% of household waste from landfill by 2030. 

The new waste processing facilities are expected to attract investment of approximately AUD 650 million (US$ 456.11 million). It is anticipated that a 20 to 25-year contract will be awarded by 2022, with construction starting in 2023.