Re: Contracts

RNS Number : 6015Y

Balfour Beatty PLC

30 December 2010

 



BALFOUR BEATTY WINS INFRASTRUCTURE CONTRACTS IN HONG KONG

Balfour Beatty, the international infrastructure group, announces today that Gammon Construction, the market-leading infrastructure contractor in Hong Kong in which Balfour Beatty has a 50% shareholding, has won a series of infrastructure contracts worth a total of HK$2.3 billion (£190 million).

A joint venture between Gammon Electrical and Mechanical and Balfour Beatty Utility Solutions has been awarded a five-year transmission line project in Hong Kong by CLP Power, covering the upgrading of 400kV overhead line assets and the refurbishment of existing lines as part of the customer's ongoing lifecycle maintenance regime.

Gammon has also won a mechanical and electrical contract from MTR Corporation Limited. The contract is for the building services installations at Hong Kong University Station and Sai Ying Pun Station and forms part of MTR's West Island Line extension to the existing network on Hong Kong Island.  The project complements the award of the civils package for the stations to the Gammon - Nishimatsu joint venture earlier this year. Works are due for completion in June 2014. 

Finally, Gammon has secured a contract for a swimming pool complex in Kwun Tong featuring several Olympic-size pools and ancillary facilities. The complex will incorporate a number of sustainability features including solar panels for electricity generation for both temporary site facilities and the permanent central supply, and a green roof.  The contract is due for completion in 2014. 

ENDS

Analyst/investor enquiries:

Basak Kotler

Balfour Beatty plc

Tel [phone]

Media enquiries:

Duncan Murray

Balfour Beatty plc

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Notes to Editors:

1.

Gammon Construction is 50% owned by Balfour Beatty and 50% by Jardine Matheson, the major Asian trading and manufacturing group. Gammon is Hong Kong's largest and most successful contractor with over 2,500 employees.

2.

Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group with capabilities in professional services, construction services, support services and infrastructure investments. We work in partnership with our customers principally in the UK, continental Europe, the US, South-East Asia, Australia and the Middle East, who value the highest levels of quality, safety and technical expertise. Key infrastructure markets include transportation (roads, rail and airports); social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and commercial (offices, leisure and retail). The Group delivers services essential to the development, creation and care of these infrastructure assets including project design, financing and management, engineering and construction, and facilities management services.  Balfour Beatty employs 50,000 people around the world.

 

END

 

 

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