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.