Who is NRT Group?

Sydney Metro is Australia’s first fully automated railway and Australia’s biggest public transport project.

NRT Group is responsible for delivering and managing two projects for the NSW Government’s Sydney Metro, authorised under a Public Private Partnership (PPP):

  • Sydney Metro Northwest Operations Trains and Systems PPP (OTS), which operates the new driverless Metro North West Line, and
  • Sydney Metro City & Southwest Operations Trains and Systems 2 PPP (OTS2) which will extend the line from the Chatswood into the Sydney CBD and beyond to Bankstown

For more information about Sydney Metro visit www.sydneymetro.info



The NRT Group is owned by 5 investors, all leading infrastructure investors in Australia and internationally being:

  • MTR Corporation
  • Caisse de dépôt et placement du Québec (CDPQ)
  • Marubeni Corporation
  • Plenary Group; and
  • Pacific Partnerships (owned by CIMIC Group).


The Board of the NRT Group comprises representatives of all five shareholders, as well as the independent Chair, Michael Rose AM, appointed in May 2020.


Steve Herman - Company Executive

Steve Herman

The NRT Group is managed by direct employees, led by its CEO, Steve Herman, and his senior management team. Steve has been with NRT Group since 2014, as Finance and Commercial Director until end-July 2019, prior to taking on the role of CEO.

Michael Rose - Company Executive

Michael Rose

Michael Rose brings valuable commercial, government, strategic and operational capabilities from his extensive experience as both a Chief Executive and as a member of Australian and International Boards.  Michael is the Chair of the Committee for Sydney, an urban policy think tank that advocates better policy outcomes for Sydney.  He is also Chair of Greater Sydney Parklands and sits on the boards of the Sydney Harbour Federation Trust and the Westmead Institute for Medical Research.  He is a lawyer by background and the former Chief Executive Partner of one of Australia’s leading law firms.

Michael has served on the boards of a number of Government, arts and not-for-profit organisations.  He has a senior advisory role at UNSW and is a Fellow of the Australian Institute of Company Directors.


Sydney Metro North West Line

Australian Engineering Excellence Awards 2020
• Northwest Rapid Transit (NRT) Consortium – Divisional Winner (Sydney).

• The Metro Noarth West Stations Design Joint Venture – Divisional Finalist

2015 Partnerships Awards
Sydney Metro Northwest was awarded the Projects Grand Prix and Best Transit Project at the 2015 Partnerships Awards

2015 Australian National Infrastructure Awards
(Infrastructure Partnerships Australia)
The Northwest Rapid Transit Consortium (NRT) together with Transport for NSW (TfNSW) was honoured with the Government Partnership Excellence Award

2019 PFI Asia Awards
PPP Deal of the Year: Sydney Metro Northwest

Hassell Architects Sydney Metro

Sydney Metro City & Southwest

2019 Infrastructure Investor Annual Awards
Global PPP Deal of the Year: Sydney Metro City & Southwest PPP

2019 proximo Asia Awards
Asia PPP Deal of the Year: Sydney Metro City & Southwest PPP

Asset Triple A Infrastructure Awards 2020
Australia Transport Deal of the Year: Sydney Metro City & Southwest PPP