Leighton Asia JV wins HK$9 billion Hong Kong tunnel project

HONG KONG - CIMIC Group company Leighton Contractors (Asia) Limited in joint venture with China State Construction Engineering (Hong Kong) Limited, has been awarded an AUD1.58 billion (HK$9 billion) contract by the HKSAR Government for construction of the 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 AUD$805 million (approximately HK$4.6 billion).
Tseung Kwan O – Lam Tin Tunnel will meet traffic demand arising from the anticipated population increase in Tseung Kwan O through future development of the district.
The project includes construction of a 2.2km dual two lane highway tunnel together with associated slip roads, branch tunnels, viaducts and tunnel portal facilities. Work will begin this month and is expected to take approximately five years to complete. www.cimic.com.au (ATI).