CIMIC group's CPB contractors win Coffs hospital expansion

Company News

by Rachael Jones

CIMIC (ASX:CIM) Group company CPB Contractors has been selected by the NSW Government to construct the Coffs Harbour hospital expansion main works.

The project will include a new five-storey clinical services building and will generate revenue of approximately $116 million to CPB Contractors.

Construction is expected to commence in April 2019 and conclude by the end of 2021.

Shares in CIMIC (ASX:CIM) are trading 3.2 per cent higher at $44.13.
 

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