A$180 Million Rail Project Awarded In Taiwan

A$180 Million Rail Project Awarded In Taiwan

Issue Date: 25 July 2002
Issued by: Leighton Asia Limited

The Taiwan Track Partners Joint Venture, of which Leighton Asia is a member, has been awarded an A$180 million (NT$3.4 billion) contract for the design and construction of rail trackwork for a key section of the Taiwan High Speed Rail Link. Leighton Asia’s share of the project is A$50 million (NT$945 million).

The project involves the design, supply and installation of 16 kilometres of twin track for the Taipei segment of the Taiwan High Speed Rail Corporation’s high speed rail line between Taipei and Kaohsiung.  

Design will commence immediately with construction scheduled to start early next year.  The project will be completed in July 2004.

The project further enhances Leighton Asia’s profile in the rail industry. The company currently has six other rail projects worth over A$1 billion throughout Hong Kong, Thailand and Indonesia.

The Taiwan Track Partners Joint Venture comprises Leighton Asia, Barclay Mowlem Construction Limited, Hsin Lung (Zen Pacific) Construction Corporation Limited, Heitkamp Rail Gmbh and Fu Tsu Construction Co. Limited.

Leighton Asia Limited – part of Australia’s largest project development and contracting group, the Leighton Group – has been successfully operating in Asia since 1975. The company operates in Hong Kong, Malaysia, Indonesia, Thailand, Vietnam, the Philippines, Singapore, Taiwan and China.

ENDS.

For further information, please contact:

In Hong Kong
Chris Gordon    
Group Communications Manager
Leighton Asia Limited
Phone: (852) 2823 1493    
Mobile: (852) 9092 0827
chris.gordon@leightonasia.com

In Australia
Justin Grogan
Manager, Investor & Media Relations
Leighton Holdings Limited
Phone: (61-2) 9925 6628
Mobile: (61) 0401 146 620
justin.grogan@leighton.com.au