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Construction and engineering company Leighton Holdings Limited (ASX:LEI) is poised to design and construct Sydney’s new Northern Beaches Hospital.
The company has reached contractual close with Healthscope Limited (ASX:HSO) who have been appointed as the hospital’s operator by the New South Wales Government.
Leighton anticipates revenue from the project is about $540 million with construction due to start early next year and the new hospital set to open in 2018.
The design includes a 50-space emergency department, 14 operating theatres and six surgical suites, intensive care and critical care units and an inpatient mental health facility.
Leighton Holdings reported a net profit of $285 million in the first half of the 2014 calendar year.