Balfour Beatty Hong Kong joint venture awarded HK$2.6 billion (c.£230 million) commercial and residential development project
14 June 2016
Balfour Beatty’s Hong Kong joint venture, Gammon Construction, has been awarded a HK$2.6 billion contract by Chinachem Group to construct a residential development project at Tseung Kwan O Town Lot No. 93.
The project includes the construction of six 12-18-storey residential towers, and five four-storey houses which together will provide 857 new homes.
Gammon will utilise a range of innovative approaches such as aluminium formwork in place of traditional timber formwork for the tower structure and 3D scanning and Building Information Modelling (BIM) to assist with detecting construction programme clashes.
Thomas Ho, Chief Executive of Gammon said, “Our team is excited to work with Chinachem Group to deliver excellent and meticulous building works that will add to their impressive and diverse range of high-quality properties. We are looking forward to the unveiling of this new phase of development in the Southern part of Tseung Kwan O.”
Construction recently commenced and the project due for completion by the end of 2017.
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Notes to editors:
Gammon Construction (www.gammonconstruction.com), headquartered in Hong Kong, is a 50/50 joint venture between Balfour Beatty and Jardine Matheson which has a reputation for delivering high quality projects and solutions for customers throughout China and Southeast Asia. With an annual turnover of US$2.5 billion, and employing over 8,000 staff, among other projects the company is currently delivering HK$3.91 billion contracts for Public Rental Housing Development of Tuen Mun and Hong Kong Science Park, the £87 million (S$174 million) contract for the design and construction of the Mayflower Station on The Thomson Line for the Land Transport Authority and a £61 million (S$122 million) contract for track system replacement on the North-South Line for SMRT Trains.