Carillion PLC Re Contract (6097E)
November 05 2015 - 2:00AM
UK Regulatory
TIDMCLLN
RNS Number : 6097E
Carillion PLC
05 November 2015
5 November 2015
Carillion Joint Venture signs GBP125 million contract for Phase
1A5 of Dubai Trade Centre District
Dubai World Trade Centre has awarded Al Futtaim Carillion (AFC)
the main contract(1) to deliver the next phase of work on the Dubai
Trade Centre District (DTCD), a major development located between
the current Dubai International Convention and Exhibition Centre
and Emirates Towers in the heart of the city's Central Business
District. This phase comprises a 178,000 square metre development
and includes two high-specification office buildings of eight and
twelve storeys. The contract, which is worth approximately GBP125
million has begun and is scheduled for completion in Quarter 3 of
2017. AFC is nearing completion of the earlier phase, which was
awarded in 2014 and this latest award takes the overall value of
AFC's work on this site to around GBP200 million.
The DTCD development is being designed to best-in-class quality
standards and this phase will include international Grade A quality
offices, which has achieved LEED(R) Gold precertification from the
US Green Building Council - the industry benchmark for green
building performance covering design, construction, operations and
maintenance. The technology solutions and infrastructure being
planned are aligned with the Dubai Government's Smart City
strategic agenda, which was launched by Vice-President and Prime
Minister of the UAE and Ruler of Dubai, His Highness Sheikh
Mohammed bin Rashid Al Maktoum.
Carillion Chief Executive, Richard Howson, welcomed this latest
award, citing the UAE as a core market for Carillion: "We are
delighted to have been selected for the second phase of this major
development in Dubai, where we continue to see more opportunities
coming to market for which our capabilities and reputation for
delivering to high standards of quality, safety and reliability are
important to customers. We look forward to continuing our close
relationship with Dubai World Trade Centre to deliver this
important development".
(1) This contract was classified as a probable order in the
announcement made by Carillion on 12 October in which it reported
that the Group had won GBP1.7 billion of new business since the
half year.
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 2014 of some GBP4.1 billion, employs around 46,000 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 businesses in the UK,
Canada and the Middle East.
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
END
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