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CPB Contractors locks down another multi-million contract

ASX 200
ASX:CIM
15 August 2019 22:46 (AEST)

Campbelltown Hospital, NSW

CIMIC Group’s subsidiary, CPB Contractors has secured yet another contract, however, this one is for the health sector.

CPB Contractors has been awarded the $424 million Campbelltown Hospital Redevelopment Stage 2 project.

Recently, the company has won numerous multi-million dollar contracts in the aviation, infrastructure and gas sectors.

Its last healthcare contract was awarded in February 2019 for the design and construction of the Wagga Wagga Health Service project. In January, CPB won $116 million Coffs Harbour Hospital Expansion Main Works.

Primarily, the company works on industrial projects however CIMIC Group’s CEO Michael Wright is pleased its subsidiary is demonstrating its ability to deliver health facilities.

“CIMIC Group is continuing to demonstrate its outstanding capability in the delivery of health facilities across Australia. Through CPB Contractors, we’re committed to providing infrastructure to meet these vital community needs now and for future generations,” Michael said.

CPB Contractors’ works will include a new clinical services building, enhanced medical and surgical children’s services, modern mental health units, enhanced women’s health services (a birthing and maternity ward), state of the art operating theatres and intensive care unit and a larger emergency department.

“CPB Contractors will bring valuable experience from our other leading hospital projects to deliver a first-class facility for the people of Campbelltown and surrounding areas,” Managing Director Juan Santamaria said.

Construction has commenced and the company expects completion by mid-2023.

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