Transactions - APRIL 4, 2017

Leighton Asia wins A$278m Hong Kong airport expansion

by Released 4/4/17

Leighton Asia, a subsidiary of Australia-based CIMIC Group, has been selected by the Airport Authority Hong Kong to deliver the Terminal 1 Annex Building and Carpark 4 Expansion Project at Hong Kong International Airport. Construction is scheduled to begin in April 2017 and be completed in 2019.

Revenue to Leighton Asia, which is part of CIMIC Group construction company CPB Contractors, is approximately A$278 million ($210 million).

The project will expand the existing Terminal 1 at Hong Kong International Airport, including the construction of a seven-story reinforced concrete structure with steel truss roof with associated new check-in counters, baggage reclaim carousels, departure security screening channels, and departure immigration counters.

Work on the Carpark 4 facilities expansion includes the delivery of an 11-story reinforced concrete structure connecting to the existing Carpark 4 and Terminal 1 arrivals ramp.

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