Home » Balfour Beatty JV awarded £378m contract for Hong Kong Cyberport development

Balfour Beatty JV awarded £378m contract for Hong Kong Cyberport development

by Liam Turner
CGI rendering of Balfour Beatty's new development at Cyberport, Hong Kong

Balfour Beatty has announced that its joint venture, Gammon, has been awarded a HK$3.7bn (c.£378m) contract to construct a new development at Cyberport, Hong Kong.

As part of the contract, Gammon will be responsible for the construction of a new 10-storey building, which will provide office space, a data-services platform, multi-functional hall and ancillary facilities, as well as enhancements to the adjacent Cyberport waterfront park.

Gammon says it will deploy its ‘G-Twin’ technology, to monitor work progress, streamline workflows, and collect and analyse data from various sources in a bid to support faster decision-making throughout the project’s delivery.

The contract has been awarded by the Hong Kong Cyberport Management Company Limited, a wholly owned innovation and technology company of the Hong Kong Special Administrative Region Government.

Commenting on the deal, Kevin O’Brien, Gammon chief executive, said: “We are delighted that Cyberport has once again selected Gammon to work with them on this expansion project.

“The contract follows on from our design and construction of the foundation and excavation works, and this latest award will see us deliver a complete end-to-end construction partnership.

“We look forward to participating in this important initiative, which seeks to attract more quality innovation and technology companies and start-ups to establish their businesses at Cyberport.”

Main construction works will commence later this year, with completion expected by 2025.

The project is set to employ more than 1,000 people.

Gammon Construction, headquartered in Hong Kong, is a 50/50 joint venture between Balfour Beatty and Asian-based conglomerate Jardine Matheson.

Image: CGI rendering of Balfour Beatty’s new development at Cyberport, Hong Kong

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