CIMIC’S subsidiary Leighton Asia in joint venture with Chun Wo Construction and Engineering Company Limited have been awarded the contract to construct the $390 million Terminal 2 foundation and substructure works at Hong Kong International Airport
Revenue to Leighton Asia is approximately a$273 million, reflecting Leighton Asia’s leading 70% joint venture share.
Construction is scheduled to commence in late 2017 and be completed by December 2021.
“We are pleased to play a greater role in the development of one of the world’s fastest growing airports, following our selection this year to deliver the A$278 million Terminal 1 expansion for the Airport Authority Hong Kong.” Cimic CEO Adolfo Valderas said.
Leading the joint venture, Leighton Asia will deliver the foundations for the modified T2, two annex buildings and associated viaducts, construction of the T2 basement, south annex building structures, diaphragm walls, utility services and other advance works.
Australian Property Journal
