Collapse of high-profile construction company leaves debt and disruption for major projects
www.abc.net.au
The demise of Quasar Constructions has left an estimated $60 million debt and disrupted critical projects including the Western Sydney International Airport, with subcontractors calling on the federal government to protect the struggling construction industry.
  • finitebanjo@lemmy.worldEnglish
    1·
    1 month ago

    A spokesperson for Western Sydney International said the four buildings Quasar was hired for are more than 90 per cent complete.

    They said Aerowest, the primary contractor, is continuing to work with subcontractors to finish the project.

    Kind of counter to the claims earlier in the article

    Managing director Anthony El-Hazouri said it is a difficult situation.

    “We’re still taking stock of it; we’re not sure if we are owed anything at this point in time,” he said.

    “It’s always been a very busy site, it has progressed on schedule, on budget, very professionally, we had no real reason to suspect anything untoward.”

    Mr El-Hazouri said he is confident of restarting work soon, with several new builders expressing interest in the project.

    “We are hoping … in a matter of a couple of weeks we can recommence on site and keep the project going toward its projected completion date,” he said.

    Has anybody in the project’s development actually asked for help or who tf is making a big stink out of it so early?