Balfour Beatty Far East joint venture wins c.HK$4bn (c.£370m) residential contract in Hong Kong
01 May 2018
Balfour Beatty, the international infrastructure group, today announces that a subsidiary of its 50:50 Far East joint venture, Gammon Construction, has been awarded a c.HK$4bn (c.£370m) construction contract for a large scale residential development, ‘Lohas Park Package 9’, by Wheelock and Company Limited.
The development, located at Tseung Kwan O bay in the Sai Kung District, New Territories, Hong Kong, will include the construction of three 54-56 storey high residential towers on a five-level podium, which will provide a development spanning over one million sq.ft.
Thomas Ho, Chief Executive of Gammon said, “This is the fourth project Gammon will be delivering for Wheelock and Company Limited in the Tseung Kwan O bay area. Gammon’s technical competence and its expertise in high quality developments have enabled us to secure this prestigious contract.”
To ensure safe and efficient project delivery, Gammon will employ the latest BIM and 3D scanning technologies. The concept of Design for Manufacturing and Assembly (DfMA) will be introduced during the course of construction to enhance productivity and safety performance. The project is targeting achievement of ’HK BEAM Plus Standards’ a standard which requires a reduction in the environmental impact of the development and an improvement in environmental quality and end-user satisfaction.
Scheduled to commence this Spring, the development is scheduled for completion in 2021. A workforce of 1,500 will be engaged at construction peak.
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Image: Artist’s Impression of the Lohas Park Package 9 development, Tseung Kwan O, Hong Kong
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Notes to editors:
• Balfour Beatty (www.balfourbeatty.com) is a leading international infrastructure group. With 28,000 employees, we provide innovative and efficient infrastructure that underpins our daily lives, supports communities and enables economic growth. We finance, develop, build and maintain complex infrastructure such as transportation, power and utility systems, social and commercial buildings.
• Our main geographies are the UK & Ireland, US and Far East. Over the last 100 years we have created iconic buildings and infrastructure all over the world including the London Olympics’ Aquatic Centre, Hong Kong’s first Zero Carbon building, the world’s biggest shopping mall in Dubai, the National Museum of the Marine Corps in the US and the Channel Tunnel Rail Link.
• Gammon Construction (www.gammonconstruction.com), headquartered in Hong Kong, is a 50-50 joint venture between Balfour Beatty, the international infrastructure group and Jardine Matheson, the Asian-based conglomerate. The two companies have worked in partnership since 2004 to forge a reputation for delivering high quality projects for customers throughout China and Southeast Asia. The business is a major player in the Hong Kong and Singapore roads market. Gammon’s service extends over the full project life-cycle, from initial site survey and design through construction to commissioning and ongoing maintenance.
• Gammon’s current project portfolio includes; Plantation Road a HKD $800 million (c. £79m) deluxe residential development project in Hong Kong, the HK$3bn development of eight medium rise residential blocks and four houses with a two-level basement overlooking Tai Po’s Tolo Harbour in Northern Hong Kong, on behalf of Great Eagle Group. The HK$1.6bn Lee Garden Three Project, in the heart of Causeway Bay, Hong Kong, a building with 20 floors of offices sitting above a five-level podium of retail and food outlets and a S$174m contract for the design and construction of the Mayflower Station on the Thomson Line for the Land Transport Authority.
• Iconic projects of the past include the HK$2.2bn Hong Kong-Shenzhen Western Corridor, a 3.5km, dual three-lane carriageway, suspended mostly above the waters of Deep Bay and the motorway approaches for downtown Hong Kong. Gammon has also delivered a 68-storey One Island East office building, a skyscraper on the eastern shore of Hong Kong Island. This HK$2.3bn project relied on digital project management systems to enable collaboration across all disciplines and reduce construction waste.