Cimic lands Hong Kong border contract

Company News


Cimic Group Limited (ASX:CIM) has landed a $1.2 billion contract to build a boundary control point on the border of Hong Kong and China.
 
The building and engineering company was awarded the contract by the Government of Hong Kong.
 
The boundary control point aims to provide efficient access to mainland China as part of the government’s cooperation and development program.
 
CEO Marcelino Fernandez Verdes says the company looks forward to delivering a project of such strategic importance to the Hong Kong government. 
 
CIMIC Group was previously named Leighton Holdings and reported a $678.6 million net profit in the 2014 calendar year.

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