- CIMIC’s (CIM) Leighton Asia wins $104 million worth of contracts for new work in Hong Kong
- The first contract involves the construction of the Boardwalk Underneath Island Eastern Corridor along the Victoria Harbour
- The second contract involves electrical works for the Third Runway Concourse and Apron at the Hong Kong International Airport
- Work has begun on both projects with the Boardwalk project scheduled for completion in 2025 and the Third Run Concourse and Apron scheduled for completion in Q3 2024
- Shares in CIMIC are up a slight 0.05 per cent on the market and are trading at $22.01
CIMIC’s (CIM) Leighton Asia has won $104 million worth of contracts for new work in Hong Kong.
The first contract was granted by the Government of Hong Kong Special Administrative Region and involves the construction of the Boardwalk Underneath Island Eastern Corridor along the Victoria Harbour.
The purpose of this boardwalk is to enhance connectivity along the North Point Waterfront for enjoyment by the public.
The second contract was awarded by the Beijing Urban and Chevalier Joint Venture for the Electrical Works Package for the Third Runway Concourse and Apron at the Hong Kong International Airport.
“Leighton Asia has extensive experience in the ongoing development of the waterfront of Victoria Harbour and Hong Kong International Airport over the past decades,” Leighton Asia Managing Director Pedro Vicente said.
“We are pleased to continue to contribute our international expertise and local knowledge to ensure the successful delivery of these important projects.”
Work has begun on both projects with the Boardwalk project scheduled for completion in 2025 and the Third Run Concourse and Apron scheduled for completion in Q3 2024.
“These awards, across sectors, underline the diversity of Leighton Asia’s capability in Hong Kong,” CIMIC Executive Chair and CEO Juan Santamaria commented.
“We are pleased to support these clients and to deliver for the local community important waterfront and aviation infrastructure.”
Shares in CIMIC were up a slight 0.05 per cent on the market and were trading at $22.01 at 2:43 pm AEDT.