Leighton-led bidding group in box seat for $908 mln Transmission Gully PPP

Leighton-led bidding group in box seat for $908 mln Transmission Gully PPP
Dec. 2 (BusinessDesk) - The Wellington Gateway Partnership, led by a unit of ASX-listed Leighton Holdings, is in the box seat to win the $908 billion contract to build the Transmission Gully road north of Wellington. The consortium, made up of Leighton Contractors, HEB Construction, InfraRed Infrastructure General Partner, the Bank of Tokyo-Mitsubishi UFH and the Accident Compensation Corp, has entered preferred bidder negotiations with the New Zealand Transport Agency to build the 27 kilometre project as a public private partnership. The...