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| Hochtief awarded new contracts in Abu Dhabi and Australia Hochtief has been awarded contracts worth over EUR 475 million in Abu Dhabi and Australia. The Al Habtoor Leighton Group, in which Hochtief subsidiary, Leighton Holdings, has a shareholding, will be undertaking the construction of the Al Bustan development, due for completion by October 2010 and with a value of EUR 385 million (AED 2.25 billion), for the Hamid Group. The Al Bustan mixed-use development in Abu Dhabi comprises five 17-story towers. Furthermore, Leighton subsidiary, John Holland, will be taking on a sewer replacement project worth over EUR 90 million (AUD 148 million) in Melbourne. The sewer replacement project for the Melbourne Water Corporation involves the construction of a 2.4 km underground sewer extending to Port Melbourne. The new sewer will replace the existing one built in 1890 and will have almost four times the present capacity. The project is due for completion in 2012. write your comments about the article :: © 2008 Construction News :: home page |