"This is the second of around 10 packages that will be awarded for the excavation of our 75km waterway," said project director Ian Raine.
Contracting joint venture Leighton Van Oord is currently carrying out a trial for Limitless where it is testing out large scale excavation equipment and drill and blasting methods in order to see if it can obtain a higher excavation rate than is currently being achieved on phase one of the project.
Local contractor Tristar was awarded phase one for a 200M m3 dig in late September and is expected to work at rates of between 150,000 and 190,000m3 per day.
The second phase, which will be awarded in January 2009, involves the excavation and replacement of 300M m3 of material along an 8.5km length of canal.
Completion for the canal is expected in 2012 with the surrounding real estate being developed over the next 10 to 15 years.