Public Works Worth $5.54b awarded in February 2014

Public Works Worth $5.54b awarded in February 2014

The current feverish pace in the construction industry shows no signs of let up yet with public works projects worth over HK$5 billion awarded during February this year.

According to the government gazette and websites of semi-government agencies, contracts worth a total of HK$5.54 billion were awarded during the month.

Highways Department accounted for most of this sum, awarding four contracts worth a combined total of HK$4.26 billion.

In what must surely be the last contract to be awarded for the Central-Wan Chai Bypass project, a contract worth HK$3.18 billion for the tunnel buildings, systems and fittings and works associated with tunnel commissioning was awarded to a Leighton Joint Venture.

The Civil Engineering and Development Department, currently under fire over escalating costs on the Liantang-Heung Yuen Wai Boundary Control Point project, awarded five contracts worth a total of HK$391.3 million.

Leading local contractor Gammon Construction bagged two of these contracts worth a total of HK$84.3 million, both of which are for ground investigation.

One of them, a term contract for marine ground investigation and geophysical surveys in particular, perhaps offers a hint at proposed plans for further land reclamation by the government.

Meanwhile things appeared quiet at the Housing Authority, which builds public rental and subsidised housing projects, awarding only two minor contracts during the month worth a combined total of HK$380.6 million.

Railway operator MTR Corporation (0066), 77 percent owned by the government, awarded a contract for building services work at three separate locations for the Shatin to Central Link project worth HK$219 million to Gammon Construction’s building services subsidiary, Gammon E&M.

Danny Chung





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