Contractor plugs into US$470 million Hong Kong Cyberport deal
31 May 2023
Hong Kong-based construction contractor Gammon has won a HK$3.7 billion (US$470 million) deal to build a new ‘CyberPort’ building to house a creative digital community overlooking Telegraph Bay.
Gammon, which is 50% owned by UK-based contractor Balfour Beatty, will build a new 10-storey building providing office space, a data services platform, multi-functional hall and ancillary facilities, as well as enhancements to the adjacent Cyberport waterfront park.
As part of the project, Gammon will deploy its self-developed digital twin technology, called ‘G-Twin’, to monitor work progress, streamline workflows, and collect and analyse data from various sources to support faster decision making throughout the projects delivery.
It has been awarded the contract by the Hong Kong Cyberport Management Company , a wholly owned innovation and technology company of the Hong Kong Special Administrative Region Government, to construct the new development at Cyberport.
Main construction works will start later this year, with completion expected by 2025. At construction peak, the project will employ a workforce of more than 1,000 people.
Kevin O’Brien, Gammon chief executive said, “We are delighted that Cyberport has once again selected Gammon to work with them on this expansion project. The contract follows on from our design and construction of the foundation and excavation works, and this latest award will see us deliver a complete end-to-end construction partnership.
“We look forward to participating in this important initiative which seeks to attract more quality innovation and technology companies and start-ups to establish their businesses at Cyberport.”