|
contents | business | |||||||||
| CIMIC's Leighton Asia awarded A$1.58b tunnel project CIMIC Group company Leighton Contractors (Asia) Limited ('Leighton Asia'), in joint venture with China State Construction Engineering (Hong Kong) Limited, has been awarded an A$1.58 billion1 (HK$9 billion) contract by the Government of the Hong Kong Special Administrative Region for the construction of Tseung Kwan O – Lam Tin Tunnel. The Leighton Asia‐led joint venture project, of which Leighton Asia has a 51% share, is expected to generate revenue to CIMIC of approximately A$805 million (approximately HK$4.6 billion). Tseung Kwan O – Lam Tin Tunnel will meet the traffic demand arising from the anticipated population increase in Tseung Kwan O through the future development of the district. The scope of works for the project includes the construction of a 2.2km dual two lane highway tunnel together with associated slip roads, branch tunnels, viaducts and tunnel portal facilities. The works also involve the delivery of two ventilation buildings and an administration building, as well as implementation of all associated building and supporting works. Works will commence in July 2016 and take approximately five years to complete. write your comments about the article :: © 2016 Construction News :: home page |