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£84 MILLION HONG KONG CONTRACTS FOR KVAERNER

Press release 16/03/1999 00:00 CET

Kvaerner Construction’s Hong Kong-based associate, Gammon Construction, has signed two contracts together worth £84 million.

The largest, worth £48 million (HK$609m), was awarded by Hong Kong’s Mass Transit Railway Corporation to a joint venture with China Harbour. The project is for a two-kilometre section of the Tseung Kwan O Line connecting Lam Tin Station and the proposed Yau Tong section to the Eastern Harbour crossing.

The work includes the construction of bored and cut and cover tunnels; two million cubic metres of rock excavation for housing platforms for Hong Kong’s Housing Authority; construction of the new Yau Tong Road; building of a ventilation station; and associated demolition.

Construction is due to be completed by September 2002.

Gammon has also been awarded a £36 million (HK$£457m) contract to build the Foothills Bypass in the north-west New Territories for the Government’s Highways Department.

This project includes the construction of a 1.7 kilometre dual two-lane carriageway and a roundabout connecting the new bypass to the existing Lung Mun Road. Almost two-and-a-half million cubic metres of fill material will be used to stabilise the slope prior to construction. Work is due to be completed by May 2001.

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For further information contact:Cheryl Eaton, PR Manager - 01923 423 030Kris Birkett, Press Officer - 01923 423 833