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HOCHTIEF Group Company CIMIC Selected Preferred Contractor for AUD 5 Billion Project in Sydney - M5 Motorway is part of Australia’s largest infrastructure project
HOCHTIEF Group Company CIMIC Selected Preferred Contractor for AUD 5 Billion Project in Sydney

 

PRZOOM - /newswire/ - Essen, Germany, 2015/09/02 - M5 Motorway is part of Australia’s largest infrastructure project "WestConnex" - CIMIC.com.au / HOCHTIEF.com.

   
 
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A joint venture including HOCHTIEF Group company CIMIC has been selected as the preferred contractor to construct a tunnel and road project in the Sydney region. The contract to design and build the M5 motorway will have a volume of 5 billion Australian dollars (AUD). CIMIC expects the official contract award within the next few months. The construction works are planned to start in mid-2016 and scheduled to be completed as early as by the end of 2019.

The M5 project is part of "WestConnex", Australia’s largest transport investment program. In the past months, CIMIC (cimic.com.au) already won part contracts for the M4 section with a contract share volume of AUD 900 million and AUD 150 million respectively.

Marcelino Fernández Verdes, CEO of HOCHTIEF and CIMIC: "Australia’s strong investment in transport infrastructure continues to be a significant market for us. Our expertise and diverse capabilities position us strongly for projects in this important market."

 
 
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HOCHTIEF Group Company CIMIC Selected Preferred Contractor for AUD 5 Billion Project in Sydney

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Leighton Holdings | M5 Motorway
Contact: Dr. Bernd Pütter - HOCHTIEF.com 
+49 201 824 2610 bernd.reuther[.]hochtief.de
 
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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.

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