NLEX Corporation awarded Leighton Asia the contract to build the North Luzon Expressway (NLEX) Harbor Link Segment 10 — R10 exit ramp project, the latter’s parent company CIMIC Group said on Tuesday.
In a statement, CIMIC said the project will generate around A$140 million in revenue for Leighton Asia, which is under CIMIC Group’s construction company CPB Contractors.
The company said construction work includes a 2.6-kilometer dual, elevated tollway that will connect the existing NLEX Segment 10 Road to the R10 road, as well as ramps, roadworks, electrical and mechanical works, and landscaping.
The Harbor Link Segment 10 — R10 exit ramp project is targeted to be completed by late 2019.
CIMIC Group Chief Executive Officer Michael Wright noted Leighton Asia has been part of the NLEX project’s development since its first phase of construction in 1998.
“The award of this further work reflects our productive and enduring relationship with both Metro Pacific Tollways Corporation (MPTC) and its subsidiary, NLEX Corporation, and is a testament to the high-quality transport infrastructure solutions we provide,” Mr. Wright was quoted as saying in a statement.
Leighton Asia is also working with MPTC subsidiary MPCALA Holdings, Inc. to build the 28-kilometer, four-lane Cavite-Laguna Expressway (CALAx).
MPTC is the tollways unit of Metro Pacific Investments Corp. (MPIC). MPIC is one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls.
http://www.bworldonline.com/leighton-bags-nlex-harbor-link-exit-project/
In a statement, CIMIC said the project will generate around A$140 million in revenue for Leighton Asia, which is under CIMIC Group’s construction company CPB Contractors.
The company said construction work includes a 2.6-kilometer dual, elevated tollway that will connect the existing NLEX Segment 10 Road to the R10 road, as well as ramps, roadworks, electrical and mechanical works, and landscaping.
The Harbor Link Segment 10 — R10 exit ramp project is targeted to be completed by late 2019.
CIMIC Group Chief Executive Officer Michael Wright noted Leighton Asia has been part of the NLEX project’s development since its first phase of construction in 1998.
“The award of this further work reflects our productive and enduring relationship with both Metro Pacific Tollways Corporation (MPTC) and its subsidiary, NLEX Corporation, and is a testament to the high-quality transport infrastructure solutions we provide,” Mr. Wright was quoted as saying in a statement.
Leighton Asia is also working with MPTC subsidiary MPCALA Holdings, Inc. to build the 28-kilometer, four-lane Cavite-Laguna Expressway (CALAx).
MPTC is the tollways unit of Metro Pacific Investments Corp. (MPIC). MPIC is one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls.
http://www.bworldonline.com/leighton-bags-nlex-harbor-link-exit-project/
