Contractor and 50:50 partner Hip Hing Construction will build Hong Kong air cargo building for Cathay Pacific

Balfour Beatty's Hong Kong business has won a £353m deal to build an air cargo terminal for airline Cathay Pacific.

Gammon, on which Balfour Beatty has a 50% holding, will build the new terminal at Hong Kong's airport, employing around 1,000 workers at the project's peak. Gammon will do the work in conjunction with another joint venture, Hip Hing Construction.

Balfour Beatty Chief Executive, Ian Tyler, said: "We are delighted to have been awarded this contract to enhance Hong Kong's status as an international airfreight hub.”

The job is scheduled for completion in 2013.