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CIMIC Group (ASX:CIM) - Executive Chairman & CEO, Juan Santamaria
Executive Chairman & CEO, Juan Santamaria
Source: CIMIC Group
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  • CIMIC’s (CIM) CPB Contractors, with its joint venture partner Acciona, has been chosen to deliver Western Sydney International Airport airside civil and payment works
  • The contract is expected to bring in revenue of around $265 million for CPB Contractors
  • This is the third project awarded by Western Sydney Airport to the joint venture, following the earlier award of two earthworks packages
  • On the market, CIMIC is down 1.37 per cent and is trading at $20.11 per share at 1:18 pm AEST

CIMIC (CIM) Group company CPB Contractors, with its joint venture partner Acciona, has been chosen to deliver Western Sydney International Airport airside civil and payment works.

The design and construct contact will generate a revenue of around $265 million to CPB Contractors.

This is the third project awarded by Western Sydney Airport to the joint venture, following the earlier award of two earthworks packages.

Works at the airport include airside services and utilities, including aircraft pavements (runway and taxiways), aircraft isolation pads, airside roads, landscaping and aeronautical ground lighting system and other specialist systems.

Construction will take about two years, with the Western Sydney International Airport due to open in late 2026.

CIMIC Group Executive Chairman and CEO Juan Santamaria said the airport was “set to be a catalyst for job creation”.

“We are proud to apply CIMIC Group’s aviation expertise and track record in Western Sydney to the construction of this nation building airport infrastructure,” he said.

CPB Contractors Managing Director, Jason Spears, is also pleased with the contract.

“CPB Contractors will work closely with our client to deliver these aviation facilities for the millions of passengers who will be using the new Western Sydney International Airport,” he said.

“We will leverage our experience in delivering major projects in Western Sydney to maximise training and jobs for local people and economic opportunities for local suppliers.”

On the market, CIMIC was down 1.37 per cent and was trading at $20.11 per share at 1:18 pm AEST.

CIM by the numbers
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