Balfour Beatty JV takes £238m Chinese rail deal

Balfour Beatty joint venture Gammon Construction has won 50% of a £238m rail contract in Hong Kong.Gammon Construction has been awarded a HK $2.883bn (£238m) rail infrastructure contract, in joint venture with Leighton Asia, by MTR Corporation.

The contract, for which Gammon has a 50% share, is in the West Kowloon district and is part of the Hong Kong section of the Guangzhon-Shenzhen-Hong Kong Express Rail Link, which forms part of China’s strategic national express rail network.

Gammon Construction, which is Hong Kong's largest and most successful contractor with over 2,500 employees, is 50% owned by Balfour Beatty and 50% by Jardine Matheson, the major Asian trading and manufacturing group.

Balfour Beatty chief executive, Ian Tyler, said:

"We are delighted to have such an integral role in the development of this important rail link which will provide Hong Kong with a direct link to the major cities in Mainland China."

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