John Holland Annual Review, 2011 - Leighton Holdings

Keepit Dam on the Namoi River, one of the water storage dams in New South Wales where John Holland is conducting upgrade works
Our Infrastructure business stream is home
to John Holland’s long-standing expertise
in social infrastructure, civil construction
and building.
In John Holland’s 60 years of operations, these businesses have
delivered some of the Company’s most iconic projects for both
the public and the private sector across many markets, and they
continue to underpin our business.
With a strong revenue result and an overall record of success in the
delivery of major infrastructure, it has nevertheless been a challenging
year for our Infrastructure stream of businesses. The impact of cost
overruns on the Airport Link project in Brisbane has weighed against
a number of major wins and a buoyant market outlook.
At a technical level, progress on the Airport Link project is
something our project teams can be justly proud of. These teams
have delivered work that, in terms of complexity, skill and scale,
has never been seen before in Australia. In addition to assembling,
operating and burying the two largest tunnel boring machines ever
used in this country, the project team also completed the largest
‘jacked box’ operation ever undertaken nationally under the North
Coast Railway line at Toombul. This $4.1-billion piece of transport
infrastructure remains on track to be delivered by its original
completion date in 2012.
Moreover, the Airport Link project has presented career and
personal development opportunities for our employees which
will aid the growth and success of our business in the years ahead.
As we continue to bid on emerging infrastructure work in Australia
and overseas, we look forward to leveraging these skills to present
the best technical engineering and project management solutions
to our clients.
Importantly, a number of growth strategies have come to fruition
this year. In our Tunnelling business, we have expanded overseas
to help offset the cyclical nature of the local tunnelling market.
Our appointment to deliver works as part of the South Island Line
(East) Rail project in Hong Kong and the Downtown Line Stage 3
MRT project in Singapore represents the first part of this strategy.
Elsewhere, in 2011 we opened new offices in South Australia
and Tasmania after a long history of significant projects in both
states. Our permanent presence demonstrates our long-term
confidence in the strength of these two markets and, in South
Australia, the award and commencement of work on the South
Road Superway—part of the Urban Superway Joint Venture—
establishes an important foothold to continue our growth.
In terms of building, over the last year we have consolidated our
position as one of the leading contractors to the health sector.
In Western Australia, works commenced on the new Albany Health
Campus and, in partnership with the Government of Western
Australia and our long-standing client, Ramsay Health Care, works
progressed well at the Joondalup Health Campus. Recently, we
were also appointed as Managing Contractor to deliver the new
children’s hospital in Perth, the largest building project ever to be
undertaken by John Holland. We were also successful in securing
the contract to deliver the new Sunshine Coast Private Hospital,
again in partnership with Ramsay Health Care.
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