Queensland airport link incurs costs

In Australia contractor Leighton Holdings intends to reclaim extra costs incurred for a major airport link road project in Queensland.
February 14, 2012 Read time: 1 min
In Australia contractor 2474 Leighton Holdings intends to reclaim extra costs incurred for a major airport link road project in Queensland. Leighton Holdings says that it was hit by extra costs for Brisbane Airport Link's road and tunnel project due to the state's floods and bad weather, design amendments and approval delays from access issues and authorities. The project's net forecast fell to US$457.3 million (A$430 million) loss. The project is expected to be ready by the end of June next year and is being built by 2641 BrisConnections, in which Leighton subsidiary 2642 Thiess is a component.
Road Structures

For more information on companies in this article

Related Content

  • ARTBA predicts growth in transport construction
    December 2, 2016
    Modest growth in transport construction is predicted in the US in 2017 by the American Road & Transportation Builders Association (ARTBA). According to a report by ARTBA chief economist, Dr Alison Premo Black, total transportation construction and related market activity is expected to grow 1.3% in 2017, driven largely by increases in highway and bridge private construction activity supporting residential and commercial developments. In 2017, the market is expected to reach US$247.8 billion, up from $244
    Read More
  • AfPA issues call for abstracts for its 2023 event
    December 16, 2022
    The Australian Felxible Pavement Association International Conference 2023 will explore the challenges involved for attaining carbon zero projects.
    Read More
  • Australian highway project is due to commence
    December 14, 2022
    A major Australian highway project is due to commence.
    Read More
  • Chile highway link project for Valdivia
    June 26, 2017
    New dual carriageway connections are to be built in Chile to join the town of Valdivia to the Ruta 5 highway. The work is expected to cost US$250 million in all, with the work being planned by Chile’s Ministry of Public Works (MOP) and construction due to start in 2021.
    Read More

Highlighted Content