CIMIC Group company Leighton Asia has secured new contracts in Hong Kong that would create a total revenue of $74.87m (A$104m).

One contract features an award to a Leighton Asia-led joint venture by the Hong Kong Special Administrative Region government to build the Boardwalk Underneath Island Eastern Corridor along the Victoria Harbour.

The other contract is an award to Leighton Asia 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.

CIMIC Group executive chairman and CEO Juan Santamaria said: “These awards, across sectors, underline the diversity of Leighton Asia’s capability in Hong Kong. We are pleased to support these clients and to deliver for the local community important waterfront and aviation infrastructure.”

Leighton Asia managing director Pedro Vicente said: “Leighton Asia has extensive experience in the ongoing development of the waterfront of Victoria Harbour and Hong Kong International Airport over the past decades. We are pleased to continue to contribute our international expertise and local knowledge to ensure the successful delivery of these important projects.”

The two projects have commenced.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The Boardwalk project is slated for completion in 2025.

The works at the Third Runway Concourse and Apron is expected to be finished in Q3 2024.

—————————————————————————————————————

Image: Work on the two projects have commenced.  Credit: Rudy and Peter Skitterians from Pixabay