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25 Feb 2015 07:01

RNS Number : 7796F
Carillion PLC
25 February 2015
 



 

 

 

 

25 February 2015

Carillion Joint Venture chosen for two Middle East contracts worth £380million

Carillion's Joint Venture business in the United Arab Emirates, Al Futtaim Carillion (AFC), has been selected as the preferred bidder for two contracts, which together are worth £380 million.

Meraas, a Dubai-based holding company, has selected AFC as the preferred bidder for a £225 million contract to build a mixed-use development on the Dubai Creek waterfront. The project consists of food, beverage and other retail buildings, underground and multi-storey car parks, three hotels, a mosque, museums, traditional workshops and a market.

Meraas has also selected AFC as the preferred bidder for a £155 million contract for the construction of 'La Mer' at Jumeirah in Dubai. The project involves the construction of a mixture of top-end retail and public-facility buildings, together with substantial external landscaping to create over 1km of beach-themed frontage.

Commenting, Carillion Chief Executive, Richard Howson, said: ''We are delighted to have been selected as the preferred bidder for these two major contracts. This reflects our reputation for high-quality and reliability and we look forward to working with Meraas to deliver these prestigious projects."

Notes to Editors

Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group had annual revenue in 2013 of some £4.1 billion, employs around 40,000 people and operates across the UK, in the Middle East and Canada.

The Group has four business segments.

Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy services.

Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.

Middle East construction services - this includes building and civil engineering activities in the Middle East.

Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.

This and other Carillion news releases can be found at www.carillionplc.com

For more information

John Denning, Director Group Corporate Affairs, Carillion plc + 44 (0) 1902 316426

 

Finsbury

James Murgatroyd or Gordon Simpson +44 (0) 207 2513801

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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