MULTIPLEX A BIG DEAL
CONSTRUCTION giant Multiplex hasn’t said much as an entity about what’s happening behind the scenes at the stalled Jewel site on the Gold Coast beachfront.
In part that seems to be because any public statements the ASX-listed builder issues have to be approved by site developer Yuhu Group.
But despite work grinding to a halt at Jewel two weeks ago, Multiplex is plenty busy.
The Australian public company has, according to its website, more than 1000 projects completed and on the go.
They are active across Australia, having first started in Perth in 1962 before expanding in the eastern states 14 years later and arriving in Queensland in 1989.
They established offices in the Middle East and UK in the late 1990s.
On top of Jewel, Queensland projects include the stage 1 early works of the Queens Wharf Foreshore in Brisbane, making way for the $3 billion Queens Wharf casino and entertainment resort being developed by Star Entertainment Group.
Multiplex’s website says it is “focused on achieving long term, steady growth while transcending industry standards in safety, efficiency and quality”.
Multiplex is backed by the “financial stability and global relationships” of parent firm, Brookfield, one of the world’s biggest asset managers.