CIMIC’S CPB Contractors wins $400m Brisbane airport runway works in joint venture
3 July, 2017
CIMIC Group company, CPB Contractors, has been awarded the $400 million Airfield Works contract by Brisbane Airport Corporation Pty Ltd to construct the New Parallel Runway in a 50:50 joint venture with BMD Constructions.
The contract will generate revenue to CPB Contractors of approximately $200 million.
CIMIC Group Chief Executive Officer Adolfo Valderas said: “CIMIC Group and CPB Contractors are pleased to be involved in the expansion of Brisbane Airport and to contribute our major project experience to support one of Australia’s fastest growing passenger and freight transport hubs.
“Through our continued focus on bidding discipline and project delivery, we have a strong track record in delivering new and upgraded commercial and defence aviation infrastructure, and sustainably increasing the capacity of domestic and global air travel networks.”