Leighton to deliver a luxury integrated hotel resort in Macau

(PresseBox) ( Essen, )
Leighton Asia, India and Offshore Group (LAIO), today announced it has secured a A$2.8 billion contract to design and build a luxury, integrated, hotel resort in Macau, the world's biggest gaming hub, for Wynn Resorts.

The contract is the largest won by LAIO to date.

Leighton Contractors (Asia) Limited (a part of LAIO), which was selected in November 2012 as preferred contractor, has now finalised the full agreement with Wynn Resorts.

The hotel and casino resort occupies a site on the reclaimed land between the Macau islands of Taipa and Coloane known as the Cotai Strip. The project includes the construction of a luxury hotel and a mixed-use podium comprising gaming, dining, retail and convention facilities and numerous specialist attractions.

The resort site covers a construction floor area of more than 450,000 square metres.

Leighton Holding's Chief Executive Officer, Hamish Tyrwhitt, said, "Leighton and Wynn Resorts have developed a strong working relationship over the past decade.

This award demonstrates the client's confidence in our ability to deliver this prestigious new resort."

"The Leighton Group has operated in Asia for more than 40 years where it has grown its presence extensively. This contract award supports our strategy of continued growth in this region and of increasing our contribution from our international operations."

Ian Edwards, Managing Director of Leighton Asia, India and Offshore said, "I am delighted with the award of the Wynn Cotai project. The exciting venture represents LAIO's largest value contract to date. It demonstrates our ability to fully understand clients' needs through fostering a long-term partnership approach and further endorses our solid track record and comprehensive building and project management expertise."

Site preparation and piling works are already well advanced. The project is expected to be complete by early 2016.

About the Leighton Asia, India and Offshore Group

The Leighton Asia, India and Offshore Group leverages comprehensive sector expertise and geographic diversity to deliver a full suite of construction, offshore and mining services as a leading international contractor in the Asia region. We possess a unique combination of local knowledge and extensive international experience, which allows us to develop competitive, innovative and practical solutions across Asia, India and the global offshore market.

Our ability to consistently deliver results to clients, shareholders and communities in our geographically vast and culturally diverse footprint is backed by our motivated, focused and performance-driven employees. We currently operate in Brunei, Cambodia, China, Guam, Hong Kong, India, Indonesia, Iraq, Laos, Macau, Malaysia, Mongolia, the Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. The Leighton Asia, India and Offshore Group is headquartered in Hong Kong.

For further information on the Leighton Asia, India and Offshore Group, please visit: www.laio.com
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