Sydney (Australia), June 20 (EFECOM).- Cimic, of the Spanish group ACS, announced this Thursday that one of its subsidiaries in Australia will generate income of approximately 174 million US dollars (161 million euros) from the completion of two projects of infrastructure at Melbourne city airport.
CPB Contractors, a subsidiary of Cimic, was selected by Australia Pacific Airports for a series of works in the second phase of the Naarm Way project, including the construction of an 18-metre pedestrian bridge and a walkway from a car park at Melbourne Airport to the terminals, among others.
Previously, CPB Contractors was awarded a tender last December for another project to strengthen the security and control of one of the terminals at Melbourne Airport, according to the statement published today by Cimic.
CPB Contractors will generate revenue of 260 million Australian dollars (174 million US dollars or 161 million euros) from both projects to ensure passenger and cargo access to the ground at Melbourne airport, which it estimates will receive around 76 million travelers in 2042.
“CPB Contractors hopes to bring to these projects its extensive experience in the aviation sector and its history in the construction of complex operational road, transportation and pedestrian infrastructure,” remarked the company’s CEO Jason Spears, in the Cimic statement. .
In addition to CPB Contractors, Cimic has a 60 percent stake in the Thiess company, where the Elliott investment fund controls the remaining 40 percent, as well as other companies such as Leighton Asia and UGL, among others.
The Spanish group ACS, chaired by Florentino Pérez, acquired the majority of the shares of the Australian conglomerate Leighton in 2014 and the following year changed the name of the company to Cimic (English acronym for Construction, Infrastructure, Mining and Concessions). EFECOM
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