CIMIC Group Limited’s
(ASX:CIM) construction company Leighton Contractors has been awarded an Alliance contract with the Victorian Government.
The contract involves the design and construction of four of Melbourne’s level crossing removals in a project valued at $481.2 million.
Works will begin at the St Albans sites in a matter of weeks and will be completed in 2017.
The project will generate revenue of approximately $347 million for Leighton Contractors over the next three years.
CIMIC Group reported a net profit of $258.2 million for the first half of 2015.
