Kiewit Infrastructure has announced that they will be forced to let 30 employees go as a result of the recent Hawaii Supreme Court decision which has halted all work on the Honolulu Rail Project. According to Kiewit, the company had 250 employees working on the project, but warned that more jobs may be lost depending on how long the delay will last.
The Hawaii Supreme Court had ruled that the State Historic Preservation Division had violated their own rules by allowing the rail project to proceed prior to completing an archaeological survey along the entire route. As a result, the $5.26 billion project was put on hold. Experts believe that it will be at least several months before the survey can be finished.
Source: Honolulu Star Advertiser, 9-8-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
