CIMIC Group Limited, an ASX-listed contractor and contract miner, announced that its CPB Contractors has won a contract worth AU$215m (£129.5m) for the construction of $497.3 million Mackay Ring Road project in Queensland.
“Stage 1 of the Mackay Ring Road project is a quality, sustainable infrastructure solution that will enhance travel efficiency and safety for motorists, and serve as a vital upgrade to the national road network,” said CIMIC Group’s CEO Adolfo Valderas.
The Stage 1 construction, which is expected to be completed in 2019, includes an 11.3km highway to divert traffic from the Bruce Highway at Stockroute Road (west of Mackay) to the Bald Hill Road intersection (north of Mackay); 13 bridge structures; two underpasses for local traffic; and two dual lane roundabouts.
Román Garrido, Managing Director of CPB Contractors, said that the company is committed in delivering new and upgraded transport infrastructure, providing a socially inclusive procurement strategy that broadens the community benefits, and ensuring their construction methods achieve all project objectives.
“CIMIC Group and CPB Contractors take a disciplined approach to bidding for and delivering work,” Valderas added. “Our strategy delivers innovative and cost-effective projects for our clients, strengthens regional economies and better connects communities.”