Engineering, construction and services group Balfour Beatty PLC (LON: BBY) said its 50 percent controlled infrastructure contractor Gammon Construction Ltd won a £238 million) rail infrastructure contract, in joint venture with Leighton Asia, from MTR Corp.
The contract, for which Gammon has a 50 percent share, is in the West Kowloon district and is part of the Hong Kong section of the Guangzhon-Shenzhen-Hong Kong Express Rail Link, which forms part of China's strategic national express rail network.
Gammon Construction is 50 percent owned by Balfour Beatty and 50 percent by Asian trading and manufacturing group Jardine Matheson.
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