NewswireTODAY - /newswire/ - Sydney, Australia, 2016/06/30 - CIMIC Group company Leighton Contractors (Asia) Limited (‘Leighton Asia’) has been selected by the Government of the Hong Kong Special Administrative Region to construct a Columbarium and Garden of Remembrance [ASX: CIM] - CIMIC.com.au. ASX: CIM

The revenue to CIMIC will be approximately A$320 million1 (HK$1.8 billion).

The project forms part of the Government’s objective of addressing the shortage of public spaces dedicated to the memory of the deceased. The scope of work includes the construction of an eight‐storey columbarium building, a 4,800 square metre garden, access road and other ancillary facilities.

CIMIC Group Executive Chairman and Chief Executive Officer Marcelino Fernández Verdes said: “This contract award recognises the strength of the CIMIC Group’s diverse capabilities. Our building portfolio in Asia continues to grow and the Hong Kong government’s commitment to the development of public facilities means we are well positioned for future work.”

Leighton Asia Managing Director Manuel Alvarez Munoz said: “Leighton Asia has built a strong working relationship with the Hong Kong government’s Architectural Services Department (ASD).

This will be our fifth project with the ASD, for whom we are also currently undertaking work on a hospital and border crossing facilities. We are pleased to be able to work with them again, particularly on a project so important to the local community.”

Construction is expected to commence in July 2016 and complete in March 2019.

1 Using the exchange rate of A$1=HK$5.7

Agency / Source: HOCHTIEF AG

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