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Leighton Holdings (ASX:LEI) has been awarded the contract to build a landmark passenger clearance building between Hong Kong, Zhuhai and Macau.
The Hong Kong Government Highways Department awarded the deal worth $1.16 billion to an 80/20 Leighton-led joint venture with Hong Kong construction company Chun Wo.
Leighton has a proven track record in Hong Kong and Macau that spans almost forty years of high profile, civil engineering and infrastructure projects.
The construction for the Passenger Clearance building will commence almost immediately on reclaimed land adjacent to the Hong Kong International Airport. Completion is targeted for the end of 2016.
Leighton Holdings reported a net profit after tax of $469 million for the full year ended December 31, 2013.
