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NewswireTODAY - /newswire/ -
Sydney, Australia, 2017/08/11 - CIMIC Group company, CPB Contractors, has been selected by Ōtākaro Limited to design and construct the Christchurch Convention and Exhibition Centre in New Zealand - OtakaroLtd.co.nz / CIMIC.com.au. ASX: CIM
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The contract will generate revenue to CIMIC of approximately NZ$240 million.
CIMIC Group Chief Executive Officer Adolfo Valderas said: “CIMIC and CPB Contractors’ market-leading and cost-effective capabilities in delivering major commercial and social infrastructure position us strongly for projects such as the Christchurch Convention and Exhibition Centre.
“CIMIC is committed to delivering this project as part of the rebuilding of Christchurch. The project will deliver a vibrant and world-class piece of infrastructure supporting sustained economic and cultural benefits for the Christchurch community.”
CPB Contractors Managing Director Román Garrido said: “By utilising our international expertise and local project experience in Christchurch, our team consistently delivers value for money design and construction methodologies that ensure quality outcomes.
“We are focused on providing opportunities for local businesses, a socially-inclusive procurement strategy to broaden community benefits, and enhancing local workforce capabilities to the benefit of future building and infrastructure projects in the region.”
On completion, the Christchurch Convention and Exhibition Centre is expected to host up to 2,000 delegates for a variety of national and international events. Construction works include delivery of a 1,400 delegate auditorium; 3,600m2 exhibition hall; and 1,600m2 in meeting rooms, as well as associated food, beverage and retail amenities.
Construction is scheduled to commence in October 2017 and complete by early 2020.
About CIMIC Group Limited
CIMIC Group Limited (cimic.com.au) is one of the world’s leading international contractors and the world’s largest contract miner. CIMIC Group has operations that have been in existence since 1934, was listed on the Australian Securities Exchange in 1962 and has its head office in Sydney, Australia. CIMIC provides construction, mining, mineral processing, engineering, concessions, and operation and maintenance services to the infrastructure, resources and property markets. It operates in more than 20 countries throughout the Asia Pacific, the Middle East, North and South America and Sub-Saharan Africa and, as at 31 December 2016, employed approximately 50,500 people directly and through its investments.
Contact: Ms Marta Olba, Group Manager Investor Relations; T: +61(2) 9925 6134
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