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Gammon construction awarded Hong Kong $2 billion contract

Gammon Construction, Hong Kong's engineering and construction group in which Balfour Beatty has a 50% interest, has been awarded the Hong Kong $2billion (£150 million) contract to build One Island East by Swire Properties.

The contract is for a 70-storey, 1.5 million square feet, Grade A office building on the Eastern shore of Hong Kong island. One Island East will be the latest element in Swire Properties' comprehensive commercial development in the area which has already attracted over 300 multinational companies.

The project is scheduled for completion in March 2008.



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