CPB Contractors, the construction company of CIMIC Group, has won a highway contract from Queensland's Department of Transport and Main Roads.
The scope of the work will include the construction of Section C - from Traveston to Woondum - of Queensland’s Bruce Highway improvement project from Cooroy to Curra. The contract is expected to generate revenues of about $160m for CPB Contractors.
The Section C is the third section of the Bruce Highway project that is being carried out in four sections. The project will support south-east Queensland’s future transport needs and will segregate long distance from local traffic movements.
The Section C project will include the construction of about 10.5km of divided highway comprising four lanes. The highway will feature seven bridge structures on a new and improved alignment between Traveston and Woondum, south of Gympie.
The project is financed by the Queensland and Australian governments and will create 684 direct jobs.
Main construction work is slated to commence in early 2016 and will be completed in mid-2018.
CPB Contractors managing director Román Garrido said: “The Section C project will improve safety and enhance regional Queensland's road network operations.
“Working closely with the Department of Transport and Main Roads, our team is focused on managing the environmental constraints, delivering value for money, mitigating construction impacts and achieving the project's planned operational and community benefits.”