Carillion PLC Carillion JV awarded £160 million contract (2452T)
January 04 2017 - 2:00AM
UK Regulatory
TIDMCLLN
RNS Number : 2452T
Carillion PLC
04 January 2017
4 January 2017
Carillion Joint Venture awarded GBP160 million contract for
Phase 1A6 of the ONE CENTRAL Development by the Dubai World Trade
Centre.
Dubai World Trade Centre has awarded Al Futtaim Carillion (AFC)
the contract to deliver Phase 1A6 of ONE CENTRAL, a major
integrated real estate 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 latest phase of the ONE CENTRAL development has a built-up
area of 182,500 square metres and comprises two Grade A office
buildings of 12 and 8 storeys. The contract, which is worth
approximately GBP160 million, will begin in January 2017 and is
scheduled for full completion at the end of 2018. AFC has already
completed an earlier Phase 1A2 of this development, which is in the
process of being leased and is currently delivering the contact for
Phase 1A5, which was awarded in October 2015. This latest award
takes the overall value of AFC's contracts for the ONE CENTRAL
development to GBP400 million.
The ONE CENTRAL development is being designed to best-in-class
quality standards and this phase will comprise 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.
In welcoming the award, Carillion Chief Executive, Richard
Howson, said: "We are delighted to have been selected for Phase
1A6, the third phase of the ONE CENTRAL development, where we
continue to see good 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".
Notes to Editors
Carillion is a leading integrated support services company with
a substantial portfolio of Public Private Partnership projects,
extensive construction capabilities and a sector leading ability to
deliver sustainable solutions. The Group had annual revenue in 2015
of some GBP4.6 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, utilities services, road
maintenance, rail services, remote site accommodation services and
consultancy services 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 in the UK and Canada.
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.
www.carillionplc.com
For more information
John Denning, Director Group Corporate Affairs, Carillion plc
+44 (0) 1902 906333
Bell Pottinger
Liz Morley or Sam Cartwright +44 (0) 203 772 2588
This information is provided by RNS
The company news service from the London Stock Exchange
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