Balfour Beatty joint venture awarded HK$2.67 billion (c. £246m) residential development contract in Hong Kong
29 September 2021
Balfour Beatty today announces that its 50:50 joint venture, Gammon, has been awarded a HK$2.67 billion (c. £246 million) contract on behalf of Chinachem Group for the development of four residential towers in Kowloon, Hong Kong.
As part of the contract, Gammon will be responsible for the construction of 845, one-to-three-bedroom apartments, located atop the Mass Transit Railway (MTR) Ho Man Tin Station, an underground station serving Kwun Tong Line and Tuen Ma Line.
To ensure the project's safe and efficient delivery, Gammon will utilise off-site, precast methods for the delivery of the building’s facade as well as a digital supply chain dashboard, known as ‘STAMP’, to effectively monitor both the delivery and installation of materials.
In addition, Gammon will deploy its quality control solution ‘Inspecto’, a cloud-based platform that covers the site inspection process among contractors, consultants and clients, whilst also recording and protecting data.
Thomas Ho, Chief Executive of Gammon, said, “Building on our ongoing relationship with Chinanchem Group, we are delighted to have been awarded this latest residential contract in Hong Kong.
“Demonstrating our unrivalled knowledge and expertise, we will utilise innovative solutions and technologies throughout; ensuring the seamless delivery of this essential and sustainable project.”
Works are due to commence later this year with completion scheduled for 2024. At construction peak, the project will employ a team of 1,500.
Media enquiries to:
+44 (0)203 810 2345
www.balfourbeatty.com | follow us @balfourbeatty
All non-media related enquiries should be directed to +44 (0)20 7216 6800 or firstname.lastname@example.org
Notes to editors:
- Balfour Beatty (balfourbeatty.com) is a leading international infrastructure group with 26,000 employees driving the delivery of powerful new solutions, shaping thinking, creating skylines and inspiring a new generation of talent to be the change-makers of tomorrow.
- We finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.
- Over the last 112 years we have created iconic buildings and infrastructure all over the world including: the £1.5 billion A14 improvement scheme - Britain’s biggest road project; Hong Kong’s HK$5.5 billion world-class harbour theatre project for the West Kowloon Cultural District Authority; and the 12.5 mile $429 million North Metro Commuter Rail line in Colorado, US.
- Gammon Construction (gammonconstruction.com), headquartered in Hong Kong, is a 50/50 joint venture between Balfour Beatty and Jardine Matheson, the Asian-based conglomerate. The two companies have worked in partnership since 2004 to forge a reputation for delivering high quality projects for customers throughout China and Southeast Asia. The business is a major player in the Hong Kong and Singapore roads market. Gammon’s service extends over the full project life-cycle, from initial site survey and design through construction to commissioning and ongoing maintenance.
- Gammon’s current project portfolio includes: The ‘Tuen Mun-Chek Lap Kok Link – Northern Connection Tunnel Buildings, Electrical and Mechanical Works’ contract worth HK$2.6 billion for the Highways Department of the Government of the Hong Kong Special Administrative Region. The construction of the Kai Tak West Section of the Central Kowloon Route in Hong Kong for the Highways Department of the Government of the Hong Kong Special Administrative Region worth HK$6.2bn. The construction of the Fullerton Ocean Park Hotel Hong Kong worth over HK$1bn for Parkland (Hong Kong) Limited. The HK$3bn development of eight medium rise residential blocks and four houses with a two-level basement overlooking Tai Po’s Tolo Harbour in Northern Hong Kong, on behalf of Great Eagle Group. The Lyric Theatre Complex and Extended Basement project for the West Kowloon Cultural District Authority worth HK$5.5bn. The HK$2bn contract to build Hong Kong’s first year-round, all-weather water-park for Ocean Park Corporation.
- Iconic projects of the past include the HK$8.9 billion contract to construct the West Kowloon Terminus Station North for the Guangzhou–Shenzhen–Hong Kong Express Rail Link, which forms part of China's strategic national express rail network. The HK$5 billion Tamar development project to build the Central Government Complex and the Legislative Council.