construction

Leighton Wraps Up Deal for $1.85b Hospital Project


Leighton Holdings (ASX:LEI) finalised a $1.85 billion construction deal in South Australia. The company will design and construct the Royal Adelaide Hospital in a joint venture worth $900 million. The project is expected to begin within months and scheduled for completion by 2016.

Leighton is one of the five private equity investors in the said project which is a fully underwritten Public Private Partnership.

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