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Tuesday, December 9, 2008

Dubai awards US$1.3b contract

MELBOURNE: Leighton Holdings Ltd, Australia's largest construction company, said it won a US$1.3 billion (US$1 = RM3.64) contract with its partners to build a new concourse at Dubai Airport.

Dubai's Department of Civil Aviation awarded the contract to the Al Habtoor Leighton Group, Murray & Roberts Holdings Ltd and Takenaka Corp joint venture, Sydney-based Leighton said in an e-mailed statement.

The concourse development, to be completed by April 2011, will include a four-star hotel and a five-star hotel.

By Bloomberg

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