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

  • Norway's bridge meets tough environmental targets
    May 2, 2012
    One of the world's longest bridges is being built in Norway – for traffic volumes of just 2,000 cars/day reports Adrian Greeman. The stunning landscape of the long sea fjords in Norway is one of its glories, attracting thousands of tourists every summer. But the high mountains and deep sea inlets are also one of the great obstacles to transport and development.
    Read More
  • A bridge of hope?
    July 18, 2012
    As Russia prepares for a major Asia Pacific conference in nearly four years' time, the economic climate is felt in other countries in the region. Patrick Smith reports AUS$1 billion-plus suspension bridge is to be built to link the city of Vladivostok in the far east of Russia and Russky Island. Russia's President Dmitry Medvedev has signed an instruction for construction of the 3,150m long bridge, which is intended to provide access to the 24th Asia Pacific Economic Cooperation (APEC) summit, to be held o
    Read More
  • Canada, US officials soon to settle planned Detroit bridge issue
    February 5, 2015
    An end to a thorny issue is close at hand concerning who will fund construction of a border customs plaza on the US side of a planned bridge linking Canada and the United States. US President Barack Obama’s US$4-trillion budget did not set aside any money for the plaza for a second consecutive year, further irritating Canadian officials who are overseeing construction of the bridge. It appears that the Canadian government might end up footing the entire bill, according to a report in Toronto’s Globe a
    Read More
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More

Highlighted Content