Balfour Beatty : Far East joint venture wins HK$2.9 billion (c. £289 million) luxury residential scheme in Hong Kong

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18 January 2019

Balfour Beatty, the international infrastructure group, today announces its 50:50 Far East joint venture, Gammon Construction, has been awarded the Homantin luxury residential project by Gold Topmont Limited. The project, worth HK$2.9 billion (c. £289 million) will become an iconic landmark in the prestigious Homantin residential area in Kowloon, Hong Kong.

The project involves the construction of six residential towers, a clubhouse, outdoor swimming pool, and a two-level basement with carpark areas.

To ensure the project's safe and efficient delivery Gammon will deploy a wide range of innovative technologies including 3D scanning for data collection, which will ensure an accurate and swift survey process, as well as defect management tools such as Drones and InfraRed Cameras.

The wellbeing of the workforce will be safeguarded by the use of exoskeletons for manual handling to reduce physical strain and enhance productivity for repetitive tasks.

Thomas Ho, Chief Executive of Gammon said, 'After the successful completion of the foundation works we are delighted to be trusted to deliver the full completed works for the Homantin residential project. The successful delivery of schemes such as the Mount Nicholson and the Le Cap residential development is testament to Gammon's experience in the construction of high-end residential buildings which require excellent craftsmanship and meticulous attention to detail.'

Gammon has been working on the foundations of the project since 2017 with project completion expected in 2020. A workforce of 1,100 will be employed during peak construction.

Image: Artists impression of the new Homantin luxury residential project

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Notes to editors:

• Balfour Beatty (balfourbeatty.com) is a leading international infrastructure group. With 28,000 employees, we provide innovative and efficient infrastructure that underpins our daily lives, supports communities and enables economic growth. We finance, develop, build and maintain complex infrastructure such as transportation, power and utility systems, social and commercial buildings.
• Our main geographies are the UK & Ireland, US and Far East. Over the last 100 years we have created iconic buildings and infrastructure all over the world including the London Olympics' Aquatic Centre, Hong Kong's first Zero Carbon building, the National Museum of the Marine Corps in the US and the Channel Tunnel Rail Link.
• Gammon Construction (www.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 contract for a large scale residential development, 'Lohas Park Package 9', by Wheelock and Company Limited for c.HK$4bn. 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. Plantation Road a HKD $800 million deluxe residential development project in Hong Kong. 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.
• Iconic projects of the past include the HK$2.2bn Hong Kong-Shenzhen Western Corridor, a 3.5km, dual three-lane carriageway, suspended mostly above the waters of Deep Bay and the motorway approaches for downtown Hong Kong. Gammon has also delivered a 68-storey One Island East office building, a skyscraper on the eastern shore of Hong Kong Island. This HK$2.3bn project relied on digital project management systems to enable collaboration across all disciplines and reduce construction waste.