Gammon awarded £353 million air cargo terminal construction project in Hong Kong
Posted: 22 April 2010 | Balfour Beatty plc | No comments yet
Gammon Construction Ltd, have been awarded by Cathay Pacific Services Ltd, £353 million air cargo terminal construction contract…
Gammon Construction Limited, a market-leading contractor in Hong Kong in which Balfour Beatty has a 50% shareholding, has been awarded by Cathay Pacific Services Ltd, a HK$4.2 billion (£353 million) air cargo terminal construction contract, in joint venture with Hip Hing Construction Co Ltd.
The contract for the new terminal at Hong Kong International Airport, Chek Lap Kok, will engage a workforce of over 1,000 at the peak of the project’s construction period.
Commenting today Balfour Beatty Chief Executive, Ian Tyler, said:
“We are delighted to have been awarded this contract to enhance Hong Kong’s status as an international airfreight hub. Along with our joint venture partner, we are committed to the delivery of a terminal of the highest quality, while maintaining excellent standards of safety.”
The new terminal, which is approximately 280,000 square metres, is scheduled for completion in 2013.
Balfour Beatty has been a major player in the development of Chek Lap Kok Airport’s infrastructure having been responsible, as part of a joint venture, for the construction of an £800 million terminal building completed in 1998, and the completion in 2004 of the £40 million East Hall expansion structures and departure hall reconfiguration contract, both for the Hong Kong Airport Authority.