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Pin to quick picksDriver Grp Regulatory News (DRV)

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Re Joint Venture

4 Apr 2011 07:00

RNS Number : 1950E
Driver Group plc
04 April 2011
 



 

DRV

4 April 2011

 

DRIVER GROUP PLC

("Driver" or "the Group")

 

DRIVER GROUP AFRICA

 

Driver, the global consultancy to the construction and engineering industries, is pleased to announce that its South African subsidiary (Driver Group Africa (Pty) Ltd) has signed a Joint Venture agreement with Evans & Peck, a part of the WorleyParsons group.

 

WorleyParsons Limited is a leading Australian based provider of professional consultancy services to the energy, resource, and complex process industries with annual revenue of AUS$ 5bn employing more than 30,000 staff worldwide. Evans & Peck is an international infrastructure-based advisory company that has supported governments and private organisations in the conception, development and delivery of major projects and programs throughout Australia, Asia and the Middle East.

 

The aim of the Joint Venture is to bring the combined capacity and expertise of Driver and Evans & Peck to the wider offering of Worley Parsons on targeted energy, resource and infrastructure projects in the African Region.

 

In addition, Driver Group Africa is pleased to have been selected as the preferred bidder for the provision of Transaction Advisory Services to the Gauteng Department of Health and Social Development for the PPP procurement of the proposed Dr. George Mukhari Hospital, in Gauteng, South Africa. The Driver Group team includes KPMG South Africa, DLA Cliffe Dekker Hofmeyr, Health Partners, EHH Architects and KV3/WorleyParsons Ltd.

 

The new Dr. George Mukhari academic hospital is part of the Hospital Revitalization Programme, and will be a Tertiary 2 and teaching hospitalwhich is anticipated to add between 600 and 800 beds providing for specialist and sub-specialist care. The Project is classified as a National Priority and is one of 5 projects announced by the President in his 2010 State of the Nation address

 

 

 

 

Enquiries:

Driver Group plc

 

Dave Webster, Chief Executive Officer

 

T: 01706 223999

 

 

Damien McDonald, Finance Director

 

 

 

 

 

 

 

W H Ireland Limited

 

John Wakefield

Marc Davies

 

T: 0117 945 3471

 

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