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CIMIC Group Announces Leighton Asia Wins A$470m Sewerage System Project

12 Sep 2017  |  09:06:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: CIMICS LEIGHTON ASIA WINS A$470M SEWERAGE SYSTEM PROJECT

CIMIC Group announced that Leighton Asia, has been awarded a Deep Tunnel Sewerage System Phase 2 contract by PUB, Singapore's national water agency. Revenue to Leighton Asia, which is part of its construction company CPB Contractors, is A$470m. Construction is scheduled to commence in October 2017 and complete by mid-2023. The works include the design and construction of 7.9km of sewer tunnels, each with an internal diameter of six metres, as well as shafts, hydraulic structures and other facilities associated with the sewage conveyance system.

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