Construction firm gets boost from overseas work
New Zealand's record building boom and overseas work have pushed the country's biggest privately owned construction and infrastructure business to forecast a $300 million rise in annual revenue by 2017.
Hawkins' chief executive, Geoff Hunt, said revenue for the March 2015 year was expected to be $700 million but that was projected to rise in the next two years to $1 billion for the March 2017 year.
The rise would come from a mixture of national and overseas projects, he said, but the business would also invest in new technology to improve productivity and expand overseas on a project-by-project basis.
"Working offshore is a key focus for Hawkins. Our approach is targeted in niche areas which suit our risk profile and where we hold the expertise. We are working on the Nadi airport modernisation in Fiji and the Kookaburra Flyover and roading project in Port Moresby. We are also shortlisted on a number of geothermal projects in the Philippines and Indonesia," Hunt said.