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| Hochtief wins contracts in Chile and South Africa Hochtief will construct two infrastructure projects, one in South America and the other in Africa, worth a combined total of EUR 250 million. In Chile, Group subsidiary Hochtief Construction as member of a joint venture will build a hydro power station. The client is an electricity operating company made up of the Australian utility Pacific Hydro and Statkraft Norfund Power Invest AS from Norway (volume approx. EUR 175 million). In South Africa, Hochtief - once more as a partner in a joint venture - won a Transnet Limited assignment to extend the Ngqura deepwater port (volume approx. EUR 77 million). Both projects strengthen the Hochtief subsidiary's international business. write your comments about the article :: © 2008 Construction News :: home page |