April 12 (Reuters) - Cimic Group Ltd CIM.AX -
* Cimic group companies awarded nz schools ppp project
* Project's construction phase is scheduled to start in july 2017, with schools set to open in 2019
* Cpb contractors will deliver design and construction program as part of a 60:40 joint venture with christchurch-based company southbase construction.
* Contract will generate revenue to cimic of approximately nz$113 million over design and construction period
* Cimic group cos pacific partnerships and cpb contractors have been awarded third new zealand schools ppp initiative by new zealand government
* Agreement contains an expansion mechanism under which ministry of education has right to add additional schools to project Source text for Eikon: ID:nASX5CqXJ1 Further company coverage: CIM.AX