Balfour Beatty Far East joint venture wins c.HK$4bn (c.£370m) residential contract in Hong Kong
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 […]
May 2, 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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