Carillion PLC Joint Venture awarded £490 million contract (4619Y)

TIDMCLLN

RNS Number : 4619Y

Carillion PLC

03 March 2017

3 March 2017

Carillion Joint Venture awarded GBP490 million contract to deliver the Flagship Theme Districts and Public Realm works for Expo 2020 Dubai.

Expo 2020 Dubai has awarded Al Futtaim Carillion (AFC) the contract to deliver the Theme districts and Public realm works at the prestigious World Expo site situated in Dubai South.

Expo 2020 Dubai will host around 180 nations and an international audience of millions. Describing the event, Expo 2020 Dubai says: "Expo will provide visitors with the chance to see spectacular architecture, merge with global cultures, examine thoughtful and thought provoking exhibitions, and taste food from every corner of the globe. Above all, visitors to the event will witness the very latest in thinking and technology all in one place and at one time. Expo will be an unforgettable, once in a lifetime experience. We are preparing for an event that will enthral and amaze the many millions who visit, providing a sense of wonder at the ability of people, working together, to envisage and achieve a better tomorrow."

The Carillion Joint Venture have been appointed to construct this bespoke and unique phase of the World Expo development, which consists of 147,000 square metres of single story basements and 98 pavilion buildings of up to storeys high, totalling a gross area of 220,000 square meters, together with 99,000 square meters of external works. The contract, which is worth approximately GBP490 million, will begin in March 2017 and is scheduled for full completion in mid-2019.

The Theme districts of Expo 2020 Dubai are being designed to best-in-class quality standards and this development will achieve LEED(R) Gold certification, as well as ensuring that Worker Welfare standards for all involved are exemplary and will set new industry benchmark standards.

In welcoming the award, Carillion Chief Executive Richard Howson, said: "We are delighted to have been selected for this flagship project and to be supporting Expo 2020 Dubai in its ambition to demonstrate to the World, Dubai's desire to lead economic growth and excellence internationally, in line with the vision of Vice-President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

"This award further enhances our position as a recognised market leader and 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 the development our close relationship with Expo 2020 Dubai 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 2016 of some GBP5.2 billion, employs around 48,500 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 
                                           +44 (0) 203 772 
 Liz Morley or Sam Cartwright               2588

This information is provided by RNS

The company news service from the London Stock Exchange

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