Leighton subsidiary secures two new projects in Abu Dhabi
Leighton Holdings Ltd (ASX: LEI) says its Al Habtoor Leighton Group (HLG) has won two new projects in Abu Dhabi worth over AED600 million.
The group has been awarded the AED 510 million Qusahwira Phase 1 building and services project for the Abu Dhabi Company for Onshore Oil Operation (ADCO). The project consists of the construction of accommodation and administration complexes at ADCO’s Qusahwira oilfield. Work is due for completion by December 2012.
The Qusahwira project was followed by the award of the chilled water plant project at the new Zayed University in Abu Dhabi, which HLG is currently building in joint venture with Murray and Roberts.
The AED 110 million contract is for the design and construction of chilled water facilities for the new University. Work on the project has already commenced and it is expected to be completed during the fourth quarter of 2011.
Al Habtoor Leighton Group CEO and Managing Director Laurie Voyer said the two contact awards continued a good start to the year for the Group.
“These two awards give another boost to our work in hand and position us well as we move into 2011,” he said.
The Al Habtoor Leighton Group is a 45 per cent owned associate of Leighton Holdings Limited headquartered in the Middle East. The Group operates in the UAE, Qatar, Kuwait, Saudi Arabia, Oman and Bahrain, and is looking to expand further into the Middle East and North Africa.
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