The Airport Authority Hong Kong has selected Leighton Asia, along with joint venture partner Chun Wo Construction and Engineering Company Limited (Chun Wo), to construct the AUD390m ($295m) Terminal 2 (T2) foundation and substructure works at Hong Kong International Airport.

Leighton Asia, part of CIMIC Group construction company CPB Contractors, will have a revenue of A$273m ($206.75m), reflecting the company’s 70% joint venture share.

Under the contract, Leighton Asia will deliver the foundations for the modified T2, two annex buildings and associated viaducts, construction of the basement of T2, south annex building structures, diaphragm walls, utility services and other works.

Construction is scheduled to begin in late 2017 and will be completed by December 2021.

CIMIC Group CEO Adolfo Valderas said: “We are pleased to play a greater role in the development of one of the world’s fastest growing airports, following our selection this year to deliver the A$278 million Terminal 1 expansion for the Airport Authority Hong Kong.

“CIMIC and Leighton Asia’s engineering capabilities, and track record of successfully providing certainty for clients within complex aviation works programs, position us strongly for projects such as those at Hong Kong International Airport.”

CPB Contractors and Leighton Asia managing director Juan Santamaria said: “This award is a continuation of our strong working relationship with the Airport Authority Hong Kong, to deliver world-class assets of long-term value.

“Our team is committed to utilising innovative and cost-effective construction solutions to achieve the project’s planned operational, economic and social benefits.”

The CIMIC Group has businesses in construction (CPB Contractors and Leighton Asia), operation and maintenance services (UGL), engineering (EIC Activities), mining and mineral processing (Thiess and Sedgman), and public private partnerships (Pacific Partnerships).