HOCHTIEF subsidiary awarded USD 550 million hospital in the US
31 January 2024
HOCHTIEF subsidiary Turner, the leading building construction management company in North-America, has celebrated the groundbreaking ceremony for the University Health Palo Alto Hospital campus in San Antonio, Texas, together with joint venture partners. The USD 550 million hospital will improve healthcare for people in the rapidly growing region.
Scheduled to open in 2027, Palo Alto Hospital will be a state-of-the-art, five-story hospital that will include an emergency room, delivery rooms and a neonatal intensive care unit, among other amenities. Turner is the leader in the US Healthcare market, working on more than 300 projects each year, and in 2022 completed USD 3.7 billion in healthcare construction projects.
HOCHTIEF's Australian subsidiary CIMIC is also very successful in the healthcare sector. It has been involved in the expansion and new construction of clinics in Sydney, Campbelltown and Nepean, among others. In 2023, CIMIC also won the contract to build the new Bundaberg Hospital with a total value of 1.2 billion Australian dollars.
Related
-
Bahrain opens prices for transaction advisory services on Northern Link Road
11 August 2026
-
Dewa opens bids for MBR Solar Park phase seven
7 August 2026
-
AboitizPower and KHNP sign MOU for nuclear energy cooperation in the Philippines
7 August 2026
-
Larsen & Toubro announces EPC agreement with PDO
3 August 2026
-
ADB commits MYR300 million to Malaysia’s first data center sukuk
2 August 2026
-
Azerbaijan seeks interest for wastewater PPP
1 August 2026


京公网安备
11010802030424号
京ICP备19046776号-2