NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Agency / Source: HOCHTIEF AG

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

CIMIC Group Companies Win NZ$750M Prison PPP - CIMIC Group have reached contractual close with the New Zealand Government to deliver the Waikeria Corrections and Treatment Facility Public Private Partnership (PPP) project - Corrections.govt.nz / CIMIC.com.au
CIMIC Group Companies Win NZ$750M Prison PPP

 

NewswireTODAY - /newswire/ - Sydney, New South Wales, Australia, 2018/09/18 - CIMIC Group have reached contractual close with the New Zealand Government to deliver the Waikeria Corrections and Treatment Facility Public Private Partnership (PPP) project - Corrections.govt.nz / CIMIC.com.au. ASX: CIM

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction / Architecture / Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

CIMIC Group companies Pacific Partnerships and CPB Contractors, with their consortium partners, have reached contractual close with the New Zealand Government to deliver the Waikeria Corrections and Treatment Facility Public Private Partnership (PPP) project.

CIMIC Group has led the development of the project, with Pacific Partnerships leading the consortium formation and providing equity financing for 25 years, and CPB Contractors undertaking design and construction of the facility.

Revenue to CIMIC Group is approximately NZ$750 million, with construction having commenced through an early works agreement and the new Waikeria facility set to open in 2022.

CIMIC Group Chief Executive Officer Michael Wright said: “Our integrated approach to PPP projects (corrections.govt.nz) is based on our end-to-end capabilities across a project’s lifecycle. Utilising our technical and operational expertise, and our financial strength, we will work in partnership with the Department of Corrections to deliver a high-quality facility of long-term value for New Zealand.”

Pacific Partnerships Managing Director Martin D’Uva said: “Pacific Partnerships is now delivering three PPPs in New Zealand across the education, transport and corrections sectors. The Waikeria Prison PPP allows us to continue delivering whole-of-life project solutions, operational performance and value for all stakeholders.”

CPB Contractors Managing Director Juan Santamaria said: “We have been operating in New Zealand for more than a decade, boosting employment and business opportunities to the benefit of communities, our clients and the industry. We will ensure that our design and construction solutions meet the state-of-the-art requirements for the Department of Corrections.”

CIMIC Group companies Pacific Partnerships and CPB Contractors are joined by consortium partners HRL Morrison for financing, Cushman & Wakefield in providing facilities services and electronic security services provider Honeywell.

The Waikeria Corrections and Treatment Facility will be operated by the Department of Corrections and will deliver accommodation for 500 prisoners, along with a secure mental health unit providing care for additional prisoners.

The new facility will be built on the site of the existing Waikeria Prison in the Waikato region (upper North Island) of New Zealand, as part of the New Zealand Government’s program to deliver a more effective and humane justice system.

CIMIC Group Limited (cimic.com.au) is a world-leading infrastructure, mining, services and public private partnerships group. We have businesses in construction (CPB Contractors and Leighton Asia), mining and mineral processing (Thiess and Sedgman), operation and maintenance services (UGL), public private partnerships (Pacific Partnerships) and engineering (EIC Activities). Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and more than 50,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 100 index, the Dow Jones Sustainability Australia Index and FTSE4Good.

Contact: Mr Justin Grogan - Investor Relations; T: +61(2) 9925 6628.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction / Architecture / Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: HOCHTIEF AG

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction / Architecture / Infra articles,
CATCH Visitors via Your Competitors Announcements!


CIMIC Group Companies Win NZ$750M Prison PPP

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
CIMIC Group Limited | Prison PPP
Contact: Fiona Tyndall - CIMIC.com.au 
+61(2) 9925 6188
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HOCHTIEF AG securities in any jurisdiction including any other companies listed or named in this release.

Construction / Architecture / Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From HOCHTIEF AG / Company Profile


Read Construction / Architecture / Infra Most Recent Related Newswires:

Nexans to Sponsor the Restoration of Notre-Dame de Paris Cathedral
VINCI Construction and Wilmotte & Associés Architectes to Build the Future Police Station for the City of Nice
HOCHTIEF Awarded Contract for Arena Construction in Brno Worth Above EUR 180 Million
CIMIC's CPB Contractors Wins Nepean Hospital Redevelopment Stage 2
Cobra IS, A VINCI Subsidiary, Wins A Contract to Design, Build and Install Two Windfarm Energy Converter Platforms in the North Sea
VINCI Energies Acquires Otera AS in Norway
Global Modular Construction Market to Witness Growth as Demand for Efficient Construction Methods Rises According to Frost & Sullivan
VINCI Becomes the Largest Shareholder in Mexican Airport Operator OMA
Turner Kokosing Industrial SSOE Team Awarded Contract to Build EV Battery Materials Manufacturing Facility for Ascend Elements
Delta Controls Applauded by Frost & Sullivan for its Advanced Building Control Products, Seamless Systems Tech Developments
VINCI Signs an Agreement to Acquire A Motorway Concessionaire in Brazil
PCL Awarded First Phase of Rogers Centre Renovation Projects Underway Now through April 2023
VINCI to Build Major Portion of New Ontario Line Subway in Toronto, Canada
Tractebel Supports Redevelopment of Three Major Railway Stations in India
Alstom Signs Five-year Contract with Jeddah Airports Company to Provide Operation and Maintenance for King Abdulaziz International Airport Terminal 1

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow, Inc.

Visit  JobsWare.com





 
  ©2005-2023 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)