Bouygues in € 1.35 billion contract wins

By Helen Wright29 August 2013

French contractor Bouygues has been awarded two separate contracts totalling € 1.35 billion (US$ 1.79 billion).

The largest was a € 1.15 billion (US$ 1.52 billion) project to construct a 4.2 km undersea road tunnel in Hong Kong – a contract won by its Dragages Hong Kong and Bouygues Travaux Publics subsidiaries. It is the largest design-build contract ever awarded in Hong Kong, according to the company.

The twin-tube tunnel will be bored 50 m below sea level and feature two traffic lanes in each of its 14 m diameter tubes. The tunnel will link the New Territories, north of Hong Kong, to Lantau Island, where the international airport is located.

Bouygues said two tunnel boring machines would be used as well as ground-freezing technology, which it said would provide a watertight environment to enable these passages to be bored. The project is scheduled to be completed at the end of 2018.

Miami contract

Meanwhile, the company’s US-based Americaribe subsidiary teamed up with local contractor John Moriarty & Associates to win a €400 million (US$ 520 million) contract to build the first phase of a mixed-use project in Miami. Americaribe’s share of the contract is worth €200 million (US$ 260 million).

Awarded by real estate developer Swire Properties, the project involves developing an area of 505,000 m2 close to downtown Miami, including constructing a shopping centre, two residential towers with 820 apartments and a hotel. Completion of the first phase is scheduled for the third quarter of 2015.

Latest News
Sinoboom appoints regional manager for Poland
Lucjan Bogdan will also oversee Latvia, Lithuania and Belarus
Arcadis predicts high construction price inflation into 2022
Updated tender price forecast highlights inflationary pressures for 2021 and predictions for the new year 
NCC to construct wooden office building in Denmark
Sustainable government hub will be constructed for Danish Building and Property Agency in 2022