Dec 28 (Reuters) - Cimic Group Ltd CIM.AX
* Co, Cpb Contractors, reached contractual close with transurban queensland to design and construct the $512 million logan enhancement project in Queensland
* Queensland Government estimates economic benefits for queenslanders of $1 billion over 30 years through delivery of the project
* Construction is expected to commence in mid-2017 and take approximately two years to complete
* Project will support 1,300 direct jobs during construction
* Contract will generate revenue of approximately $420 million for cpb contractors Source text for Eikon: ID:nSNZb7B5H6 Further company coverage: CIM.AX