Gammon, a 50:50 joint venture between infrastructure group Balfour Beatty and Asia-based conglomerate Jardine Matheson, has won two projects carrying a total value of £635m (HK$6.1bn) for two new government buildings and five residential towers, in Kowloon, Hong Kong.
Kwun Tong Composite development is valued at £280m (HK$2.7bn).
For this project, Gammon will use offsite, precast methods along with its digital solution Stamp for project management, material delivery and installation.
Gammon chief executive Kevin O’Brien said: “We are delighted to have been awarded the design and build contract for Kwun Tong Composite Development project which will provide welcome services for both the government and local community.
“We will embrace modern methods of construction throughout, which will allow us to drive improvements in safety, quality, and waste reduction.”
The Kwun Tong Composite Development is set to be completed in 2026.
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By GlobalDataAt the peak of its construction, Gammon will employ approximately 1,400 people.
The second project, Ho Man Tin Package One, is valued at £355m (HK$3.4bn).
This project involves construction of five residential towers on behalf of Great Eagle Group.
The towers, upon their completion, will feature 990 new apartments situated over the MTR Ho Man Tin Station.
This underground station serves Kwun Tong Line and Tuen Ma Line.
Gammon will use Enertainer, an electric-powered battery storage system developed in partnership with AMPD Energy, to cut down the project’s carbon emission and fuel consumption.
O’Brien added: “We are delighted that Great Eagle Group has once again selected Gammon to deliver this significant residential development.
“Our skilled professionals will continue to seek every opportunity to implement both our own and industry innovations and technologies that ultimately result in an improved quality of product for our customers.”
At the peak of the construction, this project will employ approximately 1,200.
Ho Man Tin Package One is slated to be completed in 2024.
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Image: The two development contracts carry a total value of £635m (HK$6.1bn). Credit: Ichigo121212 from Pixabay