Work is set to commence in Hong Kong, after Leighton Holdings (ASX:LEI) secured another lucrative contract, the seventh in 3 years, with Hong Kong rail operator MTR Corporation.
The development, earmarked for completion in 2018, is considered a massive transport initiative.
When completed, the project will form two railway corridors as well as connect several existing rail lines.
Leighton Holdings last reported a $442 million net profit to December 31.
LEI Price at posting:
$21.72 Sentiment: None Disclosure: Held
