The consortium includes Keolis, Downer EDI, McConnell Dowell, Bombardier and Plenary.
It took the government project team a year to pour through the 150 boxes of documents from the final three short listed bidders, said Queensland premier Anna Bligh.
A public-private partnership with GoldlinQ will deliver the light rail scheme, which is expected to create more than 6,300 direct and indirect jobs.
The project is due for completion in 2014. Construction of the light rail corridor will begin in earnest later this year following the completion of road works. Track is expected to be laid in the second half of 2012. The first stage of the light rail project includes a 13km corridor.
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