NewswireTODAY - /newswire/ - Sydney, Australia, 2018/10/05 - CIMIC Group company, Leighton Asia, has been selected by developer Bayaweaver Ltd as its Alliance partner to construct the ‘Oh My God’ mixed use development project in Noida, India - HOCHTIEF.com. ASX: CIM

The project will generate revenue of approximately A$110 million1 for Leighton Asia, which is part of CIMIC Group construction company CPB Contractors.

Construction is expected to complete in mid-2022.

CIMIC Group Chief Executive Officer Michael Wright said: “CIMIC Group and Leighton Asia have a strong track record of delivering premium commercial and residential projects across India, using our local knowledge and international experience to provide clients with unique insights that achieve the best outcomes.

“This award recognises Leighton Asia’s considerable expertise in the high-end building sector and positions us well to capture future opportunities within the highly competitive Asian market.”

CPB Contractors Managing Director Juan Santamaria said: “It is our privilege to support the growth of the Noida region and to leverage our industry-leading engineering capabilities and workforce solutions to construct new commercial and social precincts of long-term value."

The ‘Oh My God’ project comprises of a 38-storey tower with 736 studio apartments, the Radisson Red hotel, retail outlets and car parks, and a further three-storey retail building.

1Using the exchange rate of US$1=A$1.3889

Agency / Source: HOCHTIEF AG

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